Tunisia: 2015 Article IV Consultation, Sixth Review under the Stand-By Arrangement, and Request for Rephasing-Press Release; Staff Report; and Statement by the Executive Director for Tunisia
IMF Staff Country Reports, October 15, 2015
Source details
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- Tunisia: 2015 Article IV Consultation, Sixth Review under the Stand-By Arrangement, and Request for Rephasing-Press Release; Staff Report; and Statement by the Executive Director for Tunisia
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Bibliographic details
- Published: October 15, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513529943.002
Economic resilience and context
- Tunisia’s economy has been resilient throughout a protracted political transition and a difficult international economic environment.
- The country faces headwinds from security threats and social tensions.
- Positive offsets include:
- the successful conclusion of the political transition,
- lower international oil prices,
- a recovering Europe.
Banking sector assessment
- The banking system remains fragile.
- The system’s capital adequacy ratio is below the minimum regulatory requirement.
- Keywords and subject areas emphasizing the banking focus: Banque de l'Habitat, capital injection, Commercial banks, CR, Credit, ISCR, Loans, recapitalization of Banque de l'Habitat, Société Tunisienne des Banques, State-owned banks, Tier 1, wage bill.
Growth outlook and medium-term prospects
- The medium-term prospects remain favorable.
- Growth is projected to increase to 4.7 percent by 2020.
Content in this bundle
- _cr15285
- _cr15285f