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Tunisia - Current economic position and prospects (English)

This sector report on the Current Economic Position and Prospects of Tunisia holds that Tunisia has good development opportunities. Its agricultural potential is far from being fully utilized. It has a large labor surplus and its people are gifted, industrious and easily trained. The infrastructure is well established and there are promising markets at home and abroad for both agriculture and industrial products. Tunisia's proximity to Europe and its political tranquility make it an attractive place for potential foreign investors and for tourists. Large amounts of foreign aid are available at concessional terms and prospects for further expansion of oil production have improved. Nevertheless, during the second half of the 1960's despite the high rate of investment, growth has been slow, per capita consumption has declined and unemployment has remained high. With official foreign aid being supplemented by commercial credits, the external debt burden has become heavy. Government changes in the fall of 1969 led to a thorough re-examination of past policies. The principal objectives of the new strategy are to accelerate growth of production especially in the agricultural sector, and of exports; to increase employment opportunities: to contain population growth and to maintain financial stability in the economy.

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    Pre-2003 Economic or Sector Report

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    Middle East and North Africa,

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    Tunisia - Current economic position and prospects

  • Keywords

    Agriculture;tourism;Manufacturing;balance of payment;natural rate of population increase;small and medium size enterprise;wages and salary;average length of stay;current account deficit;external public debt;family planning program;higher crude oil price;foreign exchange;interest rate on deposit;rate of population growth;cost of living index;gross fixed capital formation;Soil and Water Conservation;Primary and Secondary Education;Mining;production and export;population growth rate;gross domestic product;agricultural sector;direct foreign investment;debt service ratio;export of goods;agriculture and industry;male labor force;external debt burden;government saving;Incremental Capital-Output Ratio;fruit and vegetable;public enterprise operations;crude oil production;bulk consumer goods;foreign direct investment;crude birth rate;crude death rate;per capita consumption;volume of investment;secondary education level;improvement in productivity;central government account;equal educational opportunity;power and water;road transport industry;primary school graduate;quality of teaching;secondary school teacher;foreign technical assistance;prudent financial management;total private investment;expansion of irrigation;participation in management;Public Sector Enterprises;total wage bill;private farmer;long term loan;reliance on foreign;rate of investment;number of girls;direct government involvement;import of goods;maternal and child;public sector saving;investment for health;investments in agriculture;allocation of investment;payment in kind;foreign exchange receipts;short term loan;consumer price index;decline in agriculture;long gestation period;diversity of products;average annual rainfall;employment in agriculture;labor market pressures;number of males;allocation of fund;lack of staff;rapid economic expansion;law and regulation;iron ore mining;number of road;commercial passenger vehicle;carriage of good;efficiency of road;international air traffic;provision of infrastructure;per capita income;government spending program;exchange of good;value added tax;minimum reserve requirement;family planning policy;total government spending;social development program;total agricultural production;food processing industry;industrial investment;industrial enterprise;Economic Policy;current expenditure;private consumption;Financial Stability;full employment;intermediate product;price control;construction material;foreign market;private initiative;real gdp;efficient operation;government budget;merchandise export;irrigated area;Higher Education;flood damage;private farms;large farm;price rise;employment opportunities;domestic price;agricultural commodity;tourist demand;Capital Inflows;market price;employment opportunity;raw material;population data;local producer;government authority;industrial activity;fruit tree;government control;agricultural output;public source;trade regulation;foreign investor;industrial product;agricultural potential;petroleum refining;petroleum research;fiscal policy;Fiscal policies;industrial sector;oil sector;foreign financing;import restriction;domestic consumption;total employment;direct intervention;effective demand;irrigation works;statistical evidence;increasing share;government wage;social pressure;private interest;export tax;Industrial Policy;foreign trade;exchange regulation;export incentive;international airport;government capital;Industrial Policies;long-term borrowing;seasonal employment;convertible currency;Electric Power;local production;transport facility;investment policy;private enterprise;investment opportunities;train activity;concessional term;foreign capital;extension service;short-term credit;banking system;surplus labor;import license;forestry policy;agricultural expert;constant price;real output;market force;investment outlay;gross investment;flood damages;oil revenue;Industrialized countries;commodity export;foreign visitors;external assistance;foreign inflow;amortization payment;public donor



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Tunisia - Current economic position and prospects (English). Europe, Middle East & North Africa series ; no. EMA 38 Washington, D.C. : World Bank Group.