Tunisia: First Review Under the Extended Fund Facility, Request for Waivers of NonObservance of Performance Criteria and Rephasing of Access — Press Release; Staff Report; and Statement by the Executive Director for Tunisia
IMF Staff Country Reports, July 10, 2017
Source details
- Canonical URL
- Tunisia: First Review Under the Extended Fund Facility, Request for Waivers of NonObservance of Performance Criteria and Rephasing of Access — Press Release; Staff Report; and Statement by the Executive Director for Tunisia
Other formats
Bibliographic details
- Published: July 10, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484308653.002
Executive summary and staff recommendation
- Most quantitative performance criteria (QPCs) for end-December 2016 were missed.
- All structural benchmarks (SBs) through March 2017 were delayed.
- Most delayed SBs, including on private sector legislation, performance contracts for public banks, the civil service strategy, and the large taxpayers unit, are now completed.
- The remaining SBs will be achieved by end-2017.
- IMF staff recommends the completion of the EFF review.
- IMF staff supports the authorities’ request for rephasing of access and waivers of nonobservance of end-December QPCs.
Findings on program implementation
- Quantitative performance:
- Most QPCs for end-December 2016: missed.
- Structural benchmarks:
- SBs through March 2017: all delayed.
- Completed delayed SBs: private sector legislation; performance contracts for public banks; the civil service strategy; the large taxpayers unit.
- Outstanding SBs: scheduled to be achieved by end-2017.
Policy actions and requests
- Authorities requested:
- Waivers of nonobservance of end-December quantitative performance criteria.
- Rephasing of access under the Extended Fund Facility.
- IMF staff position:
- Recommends completion of the First Review under the EFF.
- Supports the authorities’ requests for waivers and rephasing of access.
Content in this bundle
- Country Report