02284cas a2200241 a 4500 AALejournalIMF019501 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498325301 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Tunisia : Fifth Review Under the Extended Fund Facility, and Requests for Waivers of Nonobservance and Modification of Performance Criteria and for Rephasing of Access. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (97 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses Tunisia's Fifth Review Under the Extended Fund Facility, and Requests for Waivers of Nonobservance and Modification of Performance Criteria, and for Rephasing of Access. This review focuses on stabilizing the economy ahead of the Fall 2019 elections. Civil service wage hikes and a pause in energy price hikes constitute departures from the policies agreed at the Fourth Review. The authorities will adjust their policy mix to correct for these slippages and keep the economy on a stabilization path, while maintaining social cohesion. Structural reforms should focus on enhancing the business climate and improving access to finance to boost private-sector led growth. The appointment of the members of the High Anti-Corruption Authority would help address corruption concerns. Socio-political tensions and deterioration in security are the main risks to the adjustment strategy. Higher oil prices, spillovers from conflicts in the region, a further slowing of EU growth, rising trade tensions, and shifts in investor sentiment could also jeopardize economic stability. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2019/223 Full text available on IMF http://elibrary.imf.org/view/journals/002/2019/223/002.2019.issue-223-en.xml IMF e-Library