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...

This paper reviews economic developments in Tunisia during 1990–95. Despite adverse exogenous developments, including the Middle East crisis, weak economic growth in key European export markets and a severe drought, Tunisia achieved a strong economic performance during 1991–95. Real GDP...

This paper summarizes the economic progress achieved by Tunisia during the first half of the 1990s. The paper highlights the main changes including the adoption of a new banking law, the introduction of an interbank foreign exchange market, the issuance of negotiable treasury bills, and the...

This Selected Issues paper serves as background to the 1997 Article IV Consultation with Tunisia and sheds light on economic developments in Tunisia during 1990–96. The paper aims to identify more closely obstacles to higher growth and to draw lessons from past experience to help formulate the...