Tunisia : 2012 Article IV Consultation; Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Tunisia

Publication Date: September 04, 2012
Electronic Access: Free Full text (PDF file size is 1,430KB).
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Summary: This 2012 Article IV Consultation highlights that Tunisia experienced a severe recession in 2011 amid domestic and regional turmoil. Real GDP contracted by 1.8 percent, reflecting a sharp decline in tourism and foreign direct inflows. As a result of the economic downturn and the return of Tunisian workers from Libya, unemployment soared to 19 percent in 2011, with youth unemployment at 42 percent. Tunisia’s medium-term economic growth potential remains favorable, but unleashing it requires a comprehensive package of structural reforms to foster private investment.
Series: Country Report No. 12/255
Subject(s): Article IV consultation reports | Bank reforms | Banking sector | Debt sustainability analysis | Economic indicators | Fiscal consolidation | Fiscal reforms | Reserves adequacy | Staff Reports | Unemployment

Notes Also available in French
Publication Date: September 04, 2012
ISBN/ISSN: 9781475505832/1934-7685 Format: Paper
Stock No: 1TUNEA2012002 Pages: 73
US$18.00 (Academic Rate:
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