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Tunisia: Staff Report for the Article IV Consultation

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  • International Monetary Fund

Abstract

This 1999 Article IV Consultation highlights that despite a contraction of agricultural production, Tunisia’s GDP grew by 5 percent in 1998. Gross fixed capital formation (27.5 percent of GDP), notably in Tunisia’s traditional and new export sectors, was the most dynamic component of aggregate demand. The external current account deficit widened only slightly to 3.4 percent of GDP owing to a commensurate increase in the saving rate. Growth of exports of goods and services slowed primarily owing to a decline in sales of crude oil and food products.

Suggested Citation

  • International Monetary Fund, 1999. "Tunisia: Staff Report for the Article IV Consultation," IMF Staff Country Reports 1999/104, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1999/104
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=3202
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    Cited by:

    1. Sofiane Ghali & Pierre Mohnen, 2002. "TFP and Economic Potential of The Tunisian Economy," Working Papers 0225, Economic Research Forum, revised 05 Sep 2002.
    2. Sofiane Ghali & Pierre Mohnen, 2010. "Economic Restructuring and Total Factor Productivity Growth: Tunisia Over the Period 1983-2001," CIRANO Working Papers 2010s-26, CIRANO.
    3. Robert M. Stern, 2011. "Trade in Financial Services—Has the IMF been Involved Constructively?," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 5(1), pages 65-92, February.

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