{
  "title": "Tunisia: Request for an Extended Arrangement Under the Extended Fund Facility—Press Release; Staff Report; and Statement by the Executive Director for Tunisia",
  "publication": "IMF Staff Country Reports, June 2, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/tunisia-request-for-an-extended-arrangement-under-the-extended-fund-facility-press-release-43932",
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  "summary": "This paper presents an overview of the macroeconomic condition of Tunisia. Tunisia has managed to preserve macroeconomic stability and initiate fiscal and banking reforms in a context marked by a prolonged political transition, spillovers from the crisis in Libya, and numerous exogenous shocks, including terror attacks. However, important vulnerabilities remain: economic activity is weak, employment is low, social tensions linger, spending composition has deteriorated, and external imbalances are high. To tackle these issues, Tunisia formulated a five-year (2016–20) economic vision in 2015, which is being developed into a detailed plan. The vision aims at promoting stronger and more inclusive growth in Tunisia.",
  "publishDate": "2016-06-02",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Publication date: June 2, 2016\n- This paper presents an overview of the macroeconomic condition of Tunisia.\n- Tunisia has managed to preserve macroeconomic stability and initiate fiscal and banking reforms.\n- 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.\n- 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."
    },
    {
      "heading": "Key vulnerabilities and macroeconomic challenges",
      "content": "- Economic activity is weak.\n- Employment is low.\n- Social tensions linger.\n- Spending composition has deteriorated.\n- External imbalances are high."
    },
    {
      "heading": "Policy focus and reform areas",
      "content": "- Fiscal reforms (initiated).\n- Banking reforms (initiated).\n- Development and operationalization of the five-year (2016–20) economic vision to promote stronger and more inclusive growth."
    },
    {
      "heading": "Subject areas covered",
      "content": "- Banking\n- Civil service reform\n- Credit\n- Energy subsidies\n- Expenditure\n- External debt\n- Labor\n- Money\n- Public debt\n\nInternational 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).\n\n---\n\n Content in this bundle\n\n- cr16138\n  - cr16138 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16138 (PDF){rel=\"external\" type=\"application/pdf\"}\n- cr16138f\n  - cr16138f (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16138f (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/tunisia-request-for-an-extended-arrangement-under-the-extended-fund-facility-press-release-43932"
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    "Published: June 2, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484373149.002",
    "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.",
    "Economic activity is weak.",
    "Employment is low.",
    "Social tensions linger.",
    "Spending composition has deteriorated.",
    "External imbalances are high.",
    "Fiscal reforms (initiated).",
    "Banking reforms (initiated).",
    "Development and operationalization of the five-year (2016–20) economic vision to promote stronger and more inclusive growth.",
    "Banking",
    "Civil service reform",
    "Credit",
    "Energy subsidies",
    "Expenditure",
    "External debt",
    "Labor",
    "Money",
    "Public debt",
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