{
  "title": "Tunisia: Fourth Review Under the Extended Fund Facility Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Tunisia",
  "publication": "IMF Staff Country Reports, October 8, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/10/08/tunisia-fourth-review-under-the-extended-fund-facility-arrangement-and-request-for-46285",
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  "summary": "This paper discusses Tunisia’s Fourth Review Under the Extended Fund Facility (EFF) Arrangement and Request for Modification of Performance Criteria (PCs).",
  "sections": [
    {
      "heading": "Key findings on macroeconomic performance and program implementation",
      "content": "- Recovery proceeded broadly as expected in the Third Review, notwithstanding elevated socio-political tensions and a further increase in oil prices.\n- Growth accelerated to 2.8 percent in the second quarter, driven by agriculture and tourism.\n- The authorities met all Quantitative Performance Criteria (PCs) for the Fourth Review.\n- The authorities implemented two out of the three Structural Benchmarks due for the Fourth Review, notably the competitive central bank foreign exchange auctions.\n- IMF staff supports the authorities’ request for completion of the Fourth Review under the Extended Fund Facility (EFF) arrangement."
    },
    {
      "heading": "Subject coverage and thematic focus",
      "content": "- Credit\n- Current spending\n- External debt\n- Foreign exchange\n- Inflation\n- Money\n- Oil prices\n- Prices"
    },
    {
      "heading": "Publication and report identifiers",
      "content": "- Publication date: October 8, 2018\n- Pages: 88\n- Volume: 2018\n- Issue: 291\n- Series: Country Report No. 2018/291\n- DOI: https://doi.org/10.5089/9781484380314.002\n- Stock No: 1TUNEA2018003\n- ISBN: 9781484380314\n- ISSN: 1934-7685"
    },
    {
      "heading": "Keywords and geographic scope",
      "content": "- Keywords: Africa, CBT bank, CR, Credit, economic recovery, EFF arrangement, exchange rate, fiscal policy, Global, Inflation, ISCR, Oil prices, policy priority, reform implementation, reform program\n- Geographic scope: Tunisia\n\nInternational Monetary Fund. Middle East and Central Asia Dept. \"Tunisia: Fourth Review Under the Extended Fund Facility Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Tunisia\", IMF Staff Country Reports 2018, 291 (2018).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: October 8, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484380314.002",
    "Recovery proceeded broadly as expected in the Third Review, notwithstanding elevated socio-political tensions and a further increase in oil prices.",
    "Growth accelerated to 2.8 percent in the second quarter, driven by agriculture and tourism.",
    "The authorities met all Quantitative Performance Criteria (PCs) for the Fourth Review.",
    "The authorities implemented two out of the three Structural Benchmarks due for the Fourth Review, notably the competitive central bank foreign exchange auctions.",
    "IMF staff supports the authorities’ request for completion of the Fourth Review under the Extended Fund Facility (EFF) arrangement.",
    "Publication date: October 8, 2018",
    "Pages: 88",
    "Volume: 2018",
    "Issue: 291",
    "Series: Country Report No. 2018/291",
    "DOI: https://doi.org/10.5089/9781484380314.002",
    "Stock No: 1TUNEA2018003",
    "ISBN: 9781484380314",
    "ISSN: 1934-7685",
    "Keywords: Africa, CBT bank, CR, Credit, economic recovery, EFF arrangement, exchange rate, fiscal policy, Global, Inflation, ISCR, Oil prices, policy priority, reform implementation, reform program",
    "Geographic scope: Tunisia",
    "**Country Report**"
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