Tunisia: First and Second Reviews Under the Stand-By Arrangement, Request for Waiver of Applicability and Nonobservance of Performance Criteria

 
 
Publication Date: February 12, 2014
 
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Summary: This paper discusses Tunisia’s First and Second Reviews Under the Stand-by Arrangement and Request for Waivers of Applicability and Nonobservance of Performance Criteria. Program performance has been mixed. A weak budget composition, lower budget commitments, and deferred cash payments to 2014 resulted in an overperformance of the end-December fiscal target for the central government primary balance. Looking ahead, the program will continue to focus on ensuring short-term macroeconomic stabilization while laying the foundations for sustained reforms that will reduce economic vulnerabilities and generate higher and more inclusive growth.
 
Series: Country Report No. 14/50
Subject(s): Stand-by arrangement reviews | Transition economies | Fiscal policy | Fiscal consolidation | Fiscal reforms | Public enterprises | Monetary policy | Bank supervision | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Performance criteria waivers | Tunisia

 
English
Publication Date: February 12, 2014
ISBN/ISSN: 9781475594843/1934-7685 Format: Paper
Stock No: 1TUNEA2014001 Pages: 92
Price:
US$18.00 (Academic Rate:
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