{"id":65330,"date":"2016-03-04T00:52:58","date_gmt":"2016-03-03T22:52:58","guid":{"rendered":"http:\/\/www.myza.co.za\/imf-staff-concludes-visit-to-tunisia\/"},"modified":"2016-03-04T00:52:58","modified_gmt":"2016-03-03T22:52:58","slug":"imf-staff-concludes-visit-to-tunisia","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/imf-staff-concludes-visit-to-tunisia\/","title":{"rendered":"IMF Staff Concludes Visit to Tunisia"},"content":{"rendered":"

WASHINGTON D.C., United States of America, March 3, 2016\/APO (African Press Organization)\/ — <\/span><\/p>\n

In response to a request from the Tunisian authorities, an IMF mission led by Mr. Amine Mati visited Tunis from February 18 to March 3, 2016, to hold discussions on a four-year arrangement under the IMF\u2019s Extended Fund Facility (EFF), expected to amount to about $2.8 billion, to support the country\u2019s economic reform program. At the end of the visit, Mr. Mati issued the following statement:<\/p>\n

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\u201cThe team held productive discussions with senior government and Central Bank officials. It also met with members of parliament, representatives of the banking and private sectors, political parties, trade unions, donors, and civil society. Discussions focused on the government\u2019s economic reform agenda, policy priorities to boost economic growth, and the role that the IMF can play to support Tunisia\u2019s economic recovery.<\/p>\n

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\u201cMoving ahead with economic reform is crucial as the Tunisian economy confronts several significant challenges. Economic growth is held back by investors\u2019 wait-and-see attitude and regional uncertainties, unemployment is high, and the current account deficit remains significant. Promoting private-sector development and modernizing the public sector are important tasks. Additional financing will be needed to rebuild buffers, while at the same time correcting structural inefficiencies that lower Tunisia\u2019s ability to create jobs and future growth potential.<\/p>\n

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\u201cThe team supports the government\u2019s comprehensive economic reform program, spelled out in its economic vision, which is expected to be detailed in its forthcoming 5-Year Development Plan. The government program appropriately focuses on boosting economic growth, creating more jobs, and raising the living standards of all Tunisians. Overall, the program will help make growth more inclusive and reduce regional disparities. To achieve these objectives, the government has committed to continue pursuing prudent macroeconomic policies and accelerate the implementation of its ambitious structural reform agenda. The mission discussed its observations on the economic reform program with the Tunisian authorities.<\/p>\n

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\u201cNegotiations for a new IMF arrangement to support the government\u2019s economic reform program are at an advanced stage. As next steps, the team will continue its discussions with the authorities as they finalize their reform priorities and fine tune plans for this year\u2019s budget execution and financing needs. In the coming weeks, the team plans to finalize the details of the EFF in support of Tunisia\u2019s economic program.<\/p>\n

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\u201cThe mission would like to thank the authorities and all those with whom they met for their warm welcome and the frank and productive discussions.\u201d<\/p>\n

\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

WASHINGTON D.C., United States of America, March 3, 2016\/APO (African Press Organization)\/ — In response to a request from the Tunisian authorities, an IMF mission led by Mr. Amine Mati visited Tunis from February 18 to March 3, 2016, to hold discussions on a four-year arrangement under the IMF\u2019s Extended Fund Facility (EFF), expected to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4584],"tags":[428,4585,830],"class_list":{"0":"post-65330","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-africa-news-2","7":"tag-africa","8":"tag-apo","9":"tag-news","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/65330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=65330"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/65330\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=65330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=65330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=65330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}