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Tunisia : 2009 article IV consultation ; staff report ; and public information notice.

Author: International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, 2009.
Series: IMF country report, no. 09/329.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
1. Sound economic policies and structural reforms, underpinned by increasing trade openness, allowed Tunisia to record higher growth and strengthen its footing to face the current global crisis. Over the last decade, growth averaged 5 percent, real GDP per capita increased by 46 percent, inflation was maintained at 3 percent on average, the public debt-to-GDP ratio declined by 9 percentage points to 47 percent of  Read more...
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Genre/Form: Electronic books
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund.
ISBN: 128357036X 9781283570367 9781452740300 1452740305
OCLC Number: 680613535
Description: 1 online resource (39, 4 pages) : illustrations.
Series Title: IMF country report, no. 09/329.

Abstract:

1. Sound economic policies and structural reforms, underpinned by increasing trade openness, allowed Tunisia to record higher growth and strengthen its footing to face the current global crisis. Over the last decade, growth averaged 5 percent, real GDP per capita increased by 46 percent, inflation was maintained at 3 percent on average, the public debt-to-GDP ratio declined by 9 percentage points to 47 percent of GDP, and reserves increased from 2 to 5 months of imports. The Association Agreement with the European Union (EU), signed in 1995, was instrumental in raising trade openness and inducing productivity gains by exposing the industrial sector to global competition. Tunisia's prudent macroeconomic policies and structural reforms have improved its resilience to economic slowdowns with lower public and external indebtedness and much higher reserves coverage of short-term external debt.

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