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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Pagina
... risk is mitigated by the recovery in growth, and interest margins remain comfortable. Medium-term prospects for ... risks to the program, Directors urged the authorities to strengthen their commitment to the program and take urgent ...
... risk is mitigated by the recovery in growth, and interest margins remain comfortable. Medium-term prospects for ... risks to the program, Directors urged the authorities to strengthen their commitment to the program and take urgent ...
Pagina 1
... risks remain a security incident and resistance to reforms. Staff supports completion of the review based on strong corrective measures, but program risks are exceptionally high. It would make available SDR 176.7824 million (US$246 ...
... risks remain a security incident and resistance to reforms. Staff supports completion of the review based on strong corrective measures, but program risks are exceptionally high. It would make available SDR 176.7824 million (US$246 ...
Pagina 3
... Risk Assessment Matrix. III. Public Debt Sustainability Analysis. IV. External Debt Sustainability ...
... Risk Assessment Matrix. III. Public Debt Sustainability Analysis. IV. External Debt Sustainability ...
Pagina 5
... OECD OED Office of the Executive Director OPL Other Portfolio Liabilities PC Performance Criterion PPP Public-Private Partnership QPC Quantitative Performance Criterion RAM Risk Assessment INTERNATIONAL MONETARY FUND 5 TUNISIA.
... OECD OED Office of the Executive Director OPL Other Portfolio Liabilities PC Performance Criterion PPP Public-Private Partnership QPC Quantitative Performance Criterion RAM Risk Assessment INTERNATIONAL MONETARY FUND 5 TUNISIA.
Pagina 6
... Risk Assessment Matrix REER Real Effective Exchange Rate SB Structural Benchmark SME Small- and Medium-Sized Enterprise SOE State-Owned Enterprise SPR Strategy, Policy, and Review Department STD Short-Term Debt STEG Société Tunisienne ...
... Risk Assessment Matrix REER Real Effective Exchange Rate SB Structural Benchmark SME Small- and Medium-Sized Enterprise SOE State-Owned Enterprise SPR Strategy, Policy, and Review Department STD Short-Term Debt STEG Société Tunisienne ...
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