{
  "title": "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",
  "publication": "IMF Staff Country Reports, October 15, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/tunisia-2015-article-iv-consultation-sixth-review-under-the-stand-by-arrangement-and-request-43341",
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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.",
  "publishDate": "2015-10-15",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Economic resilience and context",
      "content": "- Tunisia’s economy has been resilient throughout a protracted political transition and a difficult international economic environment.\n- The country faces headwinds from security threats and social tensions.\n- Positive offsets include:\n  - the successful conclusion of the political transition,\n  - lower international oil prices,\n  - a recovering Europe."
    },
    {
      "heading": "Banking sector assessment",
      "content": "- The banking system remains fragile.\n- The system’s capital adequacy ratio is below the minimum regulatory requirement.\n- 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."
    },
    {
      "heading": "Growth outlook and medium-term prospects",
      "content": "- The medium-term prospects remain favorable.\n- Growth is projected to increase to 4.7 percent by 2020.\n\n---\n\n Content in this bundle\n\n- cr15285\n  - cr15285 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr15285 (PDF){rel=\"external\" type=\"application/pdf\"}\n- cr15285f\n  - cr15285f (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr15285f (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/tunisia-2015-article-iv-consultation-sixth-review-under-the-stand-by-arrangement-and-request-43341"
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    "Published: October 15, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513529943.002",
    "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 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.",
    "The medium-term prospects remain favorable.",
    "Growth is projected to increase to 4.7 percent by 2020.",
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