IMF Staff Country Reports

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

October 15, 2015

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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, (USA: International Monetary Fund, 2015) accessed October 6, 2024

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Summary

This 2015 Article IV Consultation highlights that Tunisia’s economy has been resilient throughout a protracted political transition and a difficult international economic environment. The country has been facing headwinds from security threats and social tensions, which are offsetting the benefits from the successful conclusion of the political transition, lower international oil prices, and a recovering Europe. The banking system remains fragile, with the system’s capital adequacy ratio below the minimum regulatory requirement. The medium-term prospects remain favorable, with growth projected to increase to 4.7 percent by 2020.

Subject: Banking, Commercial banks, Credit, Financial institutions, Loans, Money, Revenue administration, State-owned banks

Keywords: Banque de l'Habitat, Capital injection, Commercial banks, CR, Credit, Europe, Global, ISCR, Loans, Recapitalization of Banque de l'Habitat, Société Tunisienne des Banques, Staff appraisal, State-owned banks, Tier 1, Wage bill

Publication Details

  • Pages:

    127

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2015/285

  • Stock No:

    1TUNEA2015002

  • ISBN:

    9781513529943

  • ISSN:

    1934-7685

Notes