Tunisia: Request for An Extension of the Stand-By Arrangement-Press Release; and Staff Report:

The Executive Board of the International Monetary Fund (IMF) approved on May 11, 2015-the decision was taken without an Executive Board meeting1-a 7 month-extension of Tunisia's Stand-By Arrangement (SBA) to December 31, 2015. The extension will provide time to the Tunisian authorities to imple...

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Körperschaft: International Monetary Fund. Middle East and Central Asia Dept (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2015
Schriftenreihe:IMF Staff Country Reports: Country Report No. 15 / 135
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Zusammenfassung:The Executive Board of the International Monetary Fund (IMF) approved on May 11, 2015-the decision was taken without an Executive Board meeting1-a 7 month-extension of Tunisia's Stand-By Arrangement (SBA) to December 31, 2015. The extension will provide time to the Tunisian authorities to implement the policy measures needed to deliver on forward looking commitments-notably on the banking and fiscal reforms-which will help reduce vulnerabilities and spur higher and more inclusive growth. A mission will visit Tunis in late May 2015 to conduct the Article IV discussions and the 6th Review under the SBA. The two-year SBA in the amount of SDR 1.146 billion (about US$1.75 billion, or 400 percent of Tunisia's quota at the IMF) was approved by the Executive Board on June 7, 2013 (See Press Release No. 13/202). Following the conclusion of the Fifth Review in December 2014, disbursements under the arrangement reached SDR 787.875 million (about $1.15 billion)
Beschreibung:1 Online-Ressource (5 p)
ISBN:1513504738
9781513504735