IMF Staff Country Reports

Tunisia: Selected Issues

Publication Date:

November 12, 2004

Electronic Access:

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Summary:

This Selected Issues paper attempts to uncover the long-term determinants of the demand for foreign exchange reserves in Tunisia. It assesses the adequacy of current and projected reserves holdings in light of the country’s policy choices. The paper describes recent trends in foreign exchange reserves in Tunisia. Econometric evidence on the determinants of the demand for foreign reserves in Tunisia is presented. The results are used to forecast the desired level of reserves given Tunisia’s medium-term macroeconomic framework and to draw policy implications.

Series:

Country Report No. 2004/360

Subject:

Central banks Employment Exchange rate flexibility Foreign exchange International reserves Job creation Labor Labor markets Unemployment

Notes:

Also available online in French.