Tunisia

Key Questions on Tunisia

Blog: Economic Growth and Fairness in the Middle East and North Africa by Jihad Azour, Director of Middle East and Central Asia Dept.

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On March 23, 2018, the Executive Board of the International Monetary Fund concluded the 2017 Article IV consultation and completed the 2nd review of Tunisia’s reform program supported by a 48-month arrangement under the Extended Fund Facility. The Board’s discussion was based on a staff report prepared by a staff team of the IMF, following discussions with the officials of Tunisia on economic developments and policies underpinning the Extended Fund Facility.

Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country’s authorities.

The authorities have consented to publication of the staff report and the related press release and it is expected that these will be posted on this website shortly.