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Tunisia: Financial System Stability Assessment Update

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  • International Monetary Fund

Abstract

From the 2002 Financial Sector Assessment Program (FSAP), a number of structural reforms have been carried out in the financial system. A number of measures have been taken in the regulatory, fiscal, and legal areas to improve credit quality and financial transparency. The stress test confirms the system's vulnerability to a sharp fall in real estate business. The banking sector plays a predominant role in financing the economy. New regulations requiring banks to strengthen credit evaluation and approval procedures are discussed. Measures have been taken to liberalize the capital account.

Suggested Citation

  • International Monetary Fund, 2006. "Tunisia: Financial System Stability Assessment Update," IMF Staff Country Reports 2006/448, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2006/448
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    Citations

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    Cited by:

    1. Mr. Juan Sole & Mr. Gabriel Sensenbrenner & Mr. Amor Tahari & J. E. J. De Vrijer & Ms. Marina Moretti & Ms. Patricia D Brenner & Mr. Abdelhak S Senhadji, 2007. "Financial Sector Reforms and Prospects for Financial Integration in Maghreb Countries," IMF Working Papers 2007/125, International Monetary Fund.
    2. Metrick, Andrew, 2019. "Ireland and Iceland in Crisis A: Increasing Risk in Ireland," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 1(3), pages 1-15, March.

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