Tunisia: 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Tunisia

Volume/Issue: Volume 2006 Issue 207
Publication date: June 2006
ISBN: 9781451837872
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Topics covered in this book

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Banks and Banking , Exports and Imports , Economics- Macroeconomics , Public Finance , ISCR , CR , staff report projection , fund staff estimate , debt , Tunisia , public debt debt ratio , staff appraisal , public debt projection , Imports , Exchange rates , Privatization , Global , Europe , Maghreb

Summary

Tunisia showed excellent economic performance. Executive Directors commended the strong economic performance and resilience to adverse shocks, subdued inflation, strengthened reserves, and increasing capital inflows, which underscored the benefits of sustained sound macroeconomic policies and market-oriented reforms. They agreed that most of the key recommendations of the 2002 Financial Sector Assessment Program (FSAP) have been implemented. They welcomed the partial privatization of Tunisie Télécom to retire external debt and the completion of the Anti-Money Laundering and Combating Finance for Terrorism Report on the Observance of Standards.