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Tunisia : Request For Purchase Under The Rapid Financing Instrument-Press Release; Staff Report; And Statement By The Executive Director For Tunisia

 WASHINGTON, 14 April 2020 / PRN Africa / -- Summary:The Covid-19 outbreak aggravates Tunisia's already elevated macroeconomic imbalances. The crisis is expected to reduce growth to an unprecedented -4.3 percent. It will also give rise to urgent fiscal and BOP financing needs of 2.6 and 4.7 percent of GDP in 2020, respectively, with large downside risks due to exceptional uncertainty. If not addressed, these gaps cause immediate and severe economic disruption.

 

SOURCE International Monetary Fund (IMF)

Tags:Tunisia : Request For Purchase Under The Rapid Financing Instrument-Press Release; Staff Report; And Statement By The Executive Director For Tunisia
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