Tunisia: Request for an Extended Arrangement Under the Extended Fund Facility—Press Release; Staff Report; and Statement by the Executive Director for Tunisia
IMF Staff Country Reports, June 2, 2016
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- Canonical URL
- Tunisia: Request for an Extended Arrangement Under the Extended Fund Facility—Press Release; Staff Report; and Statement by the Executive Director for Tunisia
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Bibliographic details
- Published: June 2, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484373149.002
Overview
- Publication date: June 2, 2016
- This paper presents an overview of the macroeconomic condition of Tunisia.
- Tunisia has managed to preserve macroeconomic stability and initiate fiscal and banking reforms.
- The assessment is situated in a context marked by a prolonged political transition, spillovers from the crisis in Libya, and numerous exogenous shocks, including terror attacks.
- To tackle structural challenges, Tunisia formulated a five-year (2016–20) economic vision in 2015, which is being developed into a detailed plan aimed at promoting stronger and more inclusive growth.
Key vulnerabilities and macroeconomic challenges
- Economic activity is weak.
- Employment is low.
- Social tensions linger.
- Spending composition has deteriorated.
- External imbalances are high.
Policy focus and reform areas
- Fiscal reforms (initiated).
- Banking reforms (initiated).
- Development and operationalization of the five-year (2016–20) economic vision to promote stronger and more inclusive growth.
Subject areas covered
- Banking
- Civil service reform
- Credit
- Energy subsidies
- Expenditure
- External debt
- Labor
- Money
- Public debt
International Monetary Fund. Tunisia: Request for an Extended Arrangement Under the Extended Fund Facility—Press Release; Staff Report; and Statement by the Executive Director for Tunisia, IMF Staff Country Reports 2016, 138 (2016).
Content in this bundle
- _cr16138
- _cr16138f