IMF Staff Team concludes mission to Tunisia

The mission of the International Monetary Fund (IMF) to Tunisia, headed by Björn Rother, from October 28 to November 10, 2016, ended on Thursday.

Björn Rother said in a statement that “the mission held constructive discussions with the Tunisian authorities on the policies needed to complete the first review under Tunisia’s EFF arrangement.

The team welcomes the authorities’ good progress in adopting critical policies such as the new investment code and business plans for public banks, he underlined.

Near-term priorities aim at containing rapid increases in public debt, which stands above 60 percent of GDP, and laying the foundations for sustainable growth that improves the lives of all Tunisians, Björn Rother noted

Specifically, they include: approving a 2017 budget law that boosts the public investment envelope and keeps the overall deficit and current spending at sustainable levels, develop medium-term tax measures, and adopting a comprehensive civil service reform strategy that improves availability, quality and efficiency of services.

Discussions with the authorities on these reforms will continue from Washington over the next weeks”, Björn Rother concluded.

MNHN via IMF Communications Department


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