Tunisia: 2017 Article IV Consultation and Second Review Under the Extended Fund Facility, and Request for Waivers of Nonobservance of Performance Criteria, and Rephasing of AccessInternational Monetary Fund, 12 jun 2018 - 136 pagina's This 2017 Article IV Consultation highlights that Tunisia’s economic growth almost doubled to 1.9 percent in 2017, as confidence strengthened on the back of improved security and the unity government’s early progress with policy and reform implementation. Investment and exports remained sluggish, however. Growth is expected to reach 2.4 percent in 2018, helped by a good agricultural season and a pickup in manufacturing and tourism. The unemployment rate remains high at 15 percent. Trade data for early 2018 show an improvement in export performance, while import growth is slowing. This favorable trend is expected to continue throughout the remainder of the year, supported by a more favorable real exchange rate. |
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... reduction in the fiscal deficit over 2018-20 and a sustained recovery of growth. This outlook relies on strong implementation of the authorities' fiscal plans that seek to spread the adjustment burden equitably across society. Their ...
... reduction in the fiscal deficit over 2018-20 and a sustained recovery of growth. This outlook relies on strong implementation of the authorities' fiscal plans that seek to spread the adjustment burden equitably across society. Their ...
Pagina
... reduce inflation. Directors stressed that reducing foreign exchange interventions and increasing exchange rate flexibility would help improve the current account and rebuild international reserves. Directors saw need for further ...
... reduce inflation. Directors stressed that reducing foreign exchange interventions and increasing exchange rate flexibility would help improve the current account and rebuild international reserves. Directors saw need for further ...
Pagina
... reducing high and growing macroeconomic imbalances, ensuring adequate social protection, and fostering private sector-led, job-creating growth. • Growth-friendly and socially-conscious reforms will help stabilize public debt below 73 ...
... reducing high and growing macroeconomic imbalances, ensuring adequate social protection, and fostering private sector-led, job-creating growth. • Growth-friendly and socially-conscious reforms will help stabilize public debt below 73 ...
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... reducing macroeconomic vulnerabilities, ensuring adequate social protection, and fostering private sector-led, job ... reduce debt and increase investment and social expenditure. The 2018 priorities are to strengthen tax collection ...
... reducing macroeconomic vulnerabilities, ensuring adequate social protection, and fostering private sector-led, job ... reduce debt and increase investment and social expenditure. The 2018 priorities are to strengthen tax collection ...
Pagina
... reduction of NPL portfolios will help public bank restructuring. Ongoing enhancements to the AML/CFT regime will address Tunisia's deficiencies in this area. Strong program implementation, supported by quarterly reviews, and the ...
... reduction of NPL portfolios will help public bank restructuring. Ongoing enhancements to the AML/CFT regime will address Tunisia's deficiencies in this area. Strong program implementation, supported by quarterly reviews, and the ...
Inhoudsopgave
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PROGRAM ISSUES AND MODALITIES _________________________________________________________ | 28 |
Recent Economic Developments 200717 | 34 |
Challenges of Fiscal Consolidation in MENA Oil Importers | 40 |
Central Government Fiscal Operations 201518 In millions of dinars ________________________ 5 Central Government Fiscal Operations 201523 ... | 47 |
Public Debt Sustainability Analysis | 53 |
External Debt Sustainability Analysis | 61 |
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Veelvoorkomende woorden en zinsdelen
addition adjustment adoption agreed amount assessment assets authorities average balance basis better budget capital cash Central Bank central government committed continue contribution current account current account deficit debt December deficit depreciation Development dinar domestic economic effective efforts energy established exchange rate expected expenditures exports external external debt Figure fiscal foreign framework funds further grants Gross growth higher IMF staff impact implementation imports improve increase Indicative inflation institutions interest investment limits liquidity loans March measures MEFP million monetary policy operations payments pension percent of GDP performance primary production progress Proj projections recent recovery reduce reforms remain require reserves Review risks sector Shock social Source spending stability staff strategy strengthen strong structural subsidies sustainability Table term Text transfers Tunisia vulnerable wage