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Tunisia - Economic Competitiveness Adjustment Loan Project (Inglês)

Overall the program outcome is rated as satisfactory. Key areas of major success include the maintenance of a good macroeconomic framework especially on the external front, the fast implementation of the free trade agreement included in the Association Agreement signed with the European Union, and the big push given to privatization in late 1997 to early 1998 which resulted in the successful privatization of two large cement companies. The first key lesson learned is that 1) there are gains to be made in fast, yet orderly, implementation of structural reforms as seen with privatization and trade reforms; the Tunisian authorities and the World Bank should continue to seek ways to speed up structural reforms in other areas of the economy. The second lesson is that collaboration with other development partners such as the European Union (EU) and the International Monetary Fund (IMF) can greatly leverage Bank resources and enhance the impact of Bank intervention.

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    Conclusão da Implementação e Relatórios sobre Resultados

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    Oriente Médio e Norte da África,

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    Tunisia - Economic Competitiveness Adjustment Loan Project

  • Palavras-chave

    social and economic development;level of foreign exchange reserve;access to private capital markets;average annual rate of inflation;areas of policy reform;achievement of program objectives;Cost of Doing Business;privatization of public enterprise;private sector support;efficiency of resource allocation;international competitive bidding procedure;public sector wage bill;population living in poverty;balance of payment crisis;free trade agreement;foreign direct investment;international competitiveness;international capital market;implementation of reform;current account deficit;vat rate;banking sector reform;macroeconomic framework;assessment of outcome;access to capital;emerging market economy;real exchange rate;value added tax;Labor market rigidities;labor market rigidity;pace of privatization;loss in revenue;adverse social impact;human resource development;investments in infrastructure;public investment program;reduction in inflation;government's reform program;controlling capital expenditure;import of goods;private sector assessment;electronic data interchange;transportation of good;per capita income;sustainable budgetary allocations;natural monopoly sector;harmonization of tariff;private service provider;competitiveness of enterprises;tariff on import;cost of labor;average tariff rate;quantitative import restriction;tariff import;access to information;foreign exchange market;free trade area;Merger and Acquisitions;improvement in capital;broad consultative process;allocation of subsidy;social security contribution;asian financial crisis;gross domestic product;privatization program;Macroeconomic Stability;Macroeconomic Management;fiscal revenue;maritime activity;



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