Chapter 1

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TABLE Sk6 GNP, output, and government finance Annual growth rate of GNP (percent per year, constant prices) Millions of US Percentage dollars, 1994 of GNP 1981-86 1987-92 1993 1994 GNP at market price 14,970.08 100.00 3.36 4.65 1.34 3.65 Gross domestic investment 3,827.00 25.56 -4.39 6.32 0.00 -14.00 Gross nabonal savings 3,542.89 23.67 -6.15 2.82 -4.74 5.61 Current account balance --284.11 -1.90 - - - Exports of goods and NFS 6,907.80 46.14 1.35 5.31 2.80 14.90 Imports of goods and NFS 7.087.95 47.35 -2.43 5.90 3.60 3.30 GNPpercapita 1,780.00 1.69 1.01 2.58 -0.60 1.70 Output, employment, and productivity, 1993 Value added Labor force Value added per worker Millions of Percentage Percentage Percentage US dollars of total Thousands of total US dollars of average Agrculture 2286.90 18.00 523.30 24.20 4370.16 0.74 Industry 4006.90 31.50 735.70 34.00 5446.30 0.93 Manufactuning 2460.90 19.40 443.10 20.50 5555.10 0.95 Non -manufactunng 1545.90 12.20 292.60 13.50 5283.60 0.90 Miningand fuel 670.90 5.30 34.60 1.60 19732.90 3.36 Construction 584.00 4.60 258.00 11.90 2263.70 0.39 Total services 6414.20 50.50 903.20 41.80 7103.20 1.21 Total 12707.90 100.00 2162.30 100.00 587-7.00 1.00 Government finance (millions of dinars) Central government General government (Percentage of GDP) 1991 1992 1993 1991 1992 1993 1994 Current receipts - - - 25.3 25.7 26.7 26.0 Current expenditure - - - 23.4 22.7 23.4 23.2 Current surplus - - - 1.9 2.8 3.3 2.7 Capital expenditure - - - 7.1 7.2 6.8 5.7 - Not available. a. For 1 993 calculated according to Atlas Methodology. Source: Ministry of Economic Development. 66 TuNIsIA's GLOBAL INTEGRATON AND SusTAINABLE DEVELOPMENT. STRATEGIC CHOICES FOR THE 21ST CENTURY
TABLE Sk7 Exports, exchange rate, external debt, and IBRD/IDA lending Exports (averge 1987-94) Value (millions Percentage of US dollars) of total Agriculture 242.50 7.23 Fuel 513.40 15.31 Phosphate 45.50 1.36 Manufacturing 2,551.90 76.10 Total goods 3,353.40 100.00 Rate of exchange (annual average) 1988 1989 1990 1991 1992 1 993 1994 Dinars per US dolars 0.8287 0.8578 0.9493 0.8783 0.9246 0.8844 1.0037 US dollars per dinars 1.207 1.166 1.053 1.139 h.082 1.131 0.996 External debt, end of 1993 Millions of US dollars Public debt, induding guaranteed debt 7,424 Nonguaranteed private debt 203 Use of IMF credit 285 Short-termn debt 789 Total 8,701 Debt service ratio, 1993 Percent Public debt, induding guaranteed (induding IMF) 18.8 Nonguaranteed private debt 0.6 Short-term debt 1.2 Total outstanding and disbursed 20.6 IBRD/IDA lending, end of 1993 IBRD IDA Outstanding and disbursed 1,595 54 Undisbursed Total outstanding, 589 0 including undisbursed 2,184 54 Source: Ministry of Economic Devebpment, Wbrld Bank DRS. STA'nsncAL ANNEX 67
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Public Disclosure Authorized Public
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Copyright i 1996 The International
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Education policies 20 Basic educati
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2.4 Demand for telephone connection
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Acknowledgments The report is a pro
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STIL Soci&e Tunisienne d'Industrial
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Executive summary Elements of Tunis
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ments and controlling the expansion
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Progress in strengthening market fo
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investment banking, restructure som
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Chapter 1 Macroeconomic policy The
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Box .I Monetary policy Instruments,
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TALE 1.3 Main monetary Indicators 1
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national markets and ensure the sus
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domestic production, and inducing a
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was actually higher than that for t
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public banks and enterprises reveal
Page 38 and 39: (10 percent), and Malaysia (12 perc
Page 40 and 41: Infrastructure services: Provision
Page 42 and 43: on a pilot basis and is studying th
Page 44 and 45: or in the public sector. The Bank i
Page 46 and 47: onmental issues and their relation
Page 48 and 49: several industrial zones. Despite t
Page 50 and 51: vocational education more relevant
Page 52 and 53: also showed high effective rates of
Page 54 and 55: try an opportunity to accelerate a
Page 56 and 57: BOX 3.2 Free trade zones: Maximizin
Page 58 and 59: largest share of total employment (
Page 60 and 61: encouraging results and provides us
Page 62 and 63: ill market and to modernize the leg
Page 64 and 65: price/earnings ratio of about 25 in
Page 66 and 67: achieve their intended objectives i
Page 68 and 69: TABLE 4.2 crisis brought about an 7
Page 70 and 71: costly process of adjustment, the a
Page 72 and 73: ented economy The growth of exports
Page 74 and 75: as a whole, but the related transit
Page 76 and 77: Land degradation and water scarcity
Page 78 and 79: TABLE 5.1 Poky otfecdt Short term M
Page 80 and 81: TABLE 5.2 Complementary reforms (co
Page 82 and 83: IMF (International Monetasy Fund).
Page 84 and 85: Statistical Annex TABLE SA. I Exter
Page 86 and 87: TABLE SA.3 Public sector accounts,
Page 90 and 91: TABLE SA.8 Money, credit, prices, a
Page 92 and 93: TABLE SA IO Key economic variables,
Page 96: __s~~~~0 I _ 1 , h 5 .*-~. 5~~~ i -
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