Tunisia : 2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Tunisia
International Monetary Fund
The pandemic aggravated Tunisia's long-standing vulnerabilities stemming from persistent fiscal and external imbalances, rising debt, and contingent liabilities from inefficient state-owned enterprises. The crisis is expected to induce the largest contraction in real GDP since independence. The authorities' targeted response together with higher outlays on wages widened the fiscal deficit. A second Covid-19 wave is underway. The authorities are securing 500,000 doses to start a first campaign of vaccinations in February and are aiming to secure more doses to vaccinate half of the population starting in April-May. Staff expects GDP growth to rebound modestly in 2021, but it could take years before activity returns to pre-crisis levels, especially if large imbalances were not addressed and key reforms delayed. Downside risks dominate and recent protests highlight the level of social tensions, aggravated by Covid-19 restrictions, and particularly among the youth
Year of publication: |
February 2021
|
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Institutions: | Internationaler Währungsfonds (issuing body) |
Publisher: |
Washington, D.C. : International Monetary Fund |
Subject: | wage bill | government change | Tunisian authorities | government's agenda | investment expenditure | Government debt management | COVID-19 | Global | Middle East | North Africa | East Africa | Tunesien | Tunisia | Schuldenmanagement | Debt management | Wirtschaftslage | Macroeconomic performance | Coronavirus | Nordafrika | Mittlerer Osten |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 98 Seiten) Illustrationen |
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Series: | IMF country report. - Washington, DC : IMF, ZDB-ID 2390611-X. - Vol. 21, 44 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
ISBN: | 978-1-5135-7060-0 |
Other identifiers: | 10.5089/9781513570600.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012516479
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