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 Access.
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Corporate author / creator: | International Monetary Fund. Middle East and Central Asia Department. |
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Imprint: | Washington, D.C. : International Monetary Fund, 2018. |
Description: | 1 online resource (136 pages). |
Language: | English |
Series: | IMF Staff Country Reports; Country Report, 1934-7685 ; No. 18/120 IMF Staff Country Reports; Country Report ; no. 18/120. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12508506 |
ISBN: | 148435544X 9781484355442 9781484355442 |
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Notes: | Print version record. |
Summary: | A consumption-led, timid recovery has increased macroeconomic vulnerabilities. Growth almost doubled to 1.9 percent in 2017, but record fiscal spending and strong credit growth, combined with dinar depreciation, pushed inflation to 7.1 percent in February 2018. The current account deficit widened to 10.1 percent of GDP over 2017 and reserve cover fell to 2.6 months of imports in early March 2018. Public and external debt finished 2017 at 71 percent and 80 percent of GDP, respectively. Discontent about economic conditions and the residual impact of several shocks-notably the 2015 terrorist attacks, political uncertainty, and spillovers from the Libyan conflict-continue to weigh on confidence and policy implementation. |
Other form: | Print Version: 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 Access. Washington, D.C. : International Monetary Fund, 2018 |
Standard no.: | 10.5089/9781484355442.002 |
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