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Tunisia Economic Monitor, Fall 2020 : Rebuilding the Potential of Tunisian Firms.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- World Bank Group.
- Series:
- Economic Updates and Modeling.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Business Cycles and Stabilization Policies.
- Coronavirus.
- COVID-19.
- Debt.
- Disease Control and Prevention.
- Economic Growth.
- Employment.
- Fiscal and Monetary Policy.
- Fiscal Policy.
- Health, Nutrition and Population.
- Inequality.
- Inflation.
- Macroeconomics and Economic Growth.
- Microenterprises.
- Monetary Policy.
- Poverty.
- Poverty Reduction.
- Private Sector Development.
- Private Sector Economics.
- Small and Medium Size Enterprises.
- Local Subjects:
- Business Cycles and Stabilization Policies.
- Coronavirus.
- COVID-19.
- Debt.
- Disease Control and Prevention.
- Economic Growth.
- Employment.
- Fiscal and Monetary Policy.
- Fiscal Policy.
- Health, Nutrition and Population.
- Inequality.
- Inflation.
- Macroeconomics and Economic Growth.
- Microenterprises.
- Monetary Policy.
- Poverty.
- Poverty Reduction.
- Private Sector Development.
- Private Sector Economics.
- Small and Medium Size Enterprises.
- Other Title:
- Tunisia Economic Monitor, Fall 2020
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- Tunisia is expecting a sharper decline in growth than most of its regional peers, having entered the COVID-19 (coronavirus) crisis whilst already experiencing slow growth and rising debt levels. After an expected 9.2 percent contraction in 2020, growth is temporarily expected to accelerate to 5.8 percent in 2021 as the pandemic's effects begin to abate, before returning to a more subdued growth trajectory at around 2 percent by 2022, reflecting pre-existing structural weaknesses. With this, some of the past gains in job creation and poverty reduction will be lost as unemployment edges up and the share of the population vulnerable to falling into poverty increases. In this difficult context, restoring the credibility of the macroeconomic framework is a critical next step for Tunisia to successfully navigate its way through this crisis and lay the foundation for a more durable recovery in growth. The special focus in this edition of the Tunisia Economic Monitor draws on the recently published enterprise survey for Tunisia to discuss the latest evidence on firm performance and present priorities for a growing and more productive private sector.
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