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Tunisia: Staff Report for 1999 Article IV Consultation

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  • Staff Team of the IMF

Abstract

Tunisia's solid growth performance continued in 1998 (5 percent) despite a contraction of agricultural production. A Market rise in the rate of investmment was accompained by a commensurate increase in the saving rate, and the external current account deficit widened only slightly to 3.4 percent of the GDP. Tunisia's strong performace in 1998 and into 1999, espacially by regiaonal standards has its roots in a prudent and well balanced macroeconomic stance, aimed at continued fiscal consolidation and disinflation, backed by a solid record of investment in social and physical infrastructure. The authorities made a notable effort to increase the transparency of policies, including through the publication of this report.

Suggested Citation

  • Staff Team of the IMF, 1999. "Tunisia: Staff Report for 1999 Article IV Consultation," Papers 99/104, Rochester, Business - Managerial Economics Research Center.
    • Handle: RePEc:fth:robume:99/104
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    Keywords

    MACROECONOMICS ; ECONOMIC INDICATORS;

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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