TohidA/MONA · Datasets at Hugging Face

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication, in the official journal, of the organic budget law.

1

12/31/2018

SB

At R2, test date is reset.

4

1

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

21.1

2.1. Central bank operations and reforms

Implementation of a full foreign exchange auction mechanism by the Central Bank of Tunisia.

1

08/31/2017

MOD-DATE

Introduced at R1. Objective: Financial sector stability. At R2, not met, test date is reset.

4

1

2017-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

21.1

2.1. Central bank operations and reforms

Implementation of a full foreign exchange auction mechanism by the Central Bank of Tunisia.

1

06/30/2018

MOD-DATE

At R2, test date is reset.

4

1

2018-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

21.1

2.1. Central bank operations and reforms

Implementation of a full foreign exchange auction mechanism by the Central Bank of Tunisia.

1

08/31/2018

M

N/A

4

1

2018-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

21.1

2.1. Central bank operations and reforms

Communication of monetary policy decisions. Start publishing quarterly monetary policy reports including medium-term projections of inflation and growth.

2

06/30/2019

SB

Introduced at R4.

4

2

2019-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Approval, by the Council of Ministers, of a comprehensive strategy on civil service reform.

1

09/30/2016

MOD-PA

Introduced at R0. Objective: Fiscal sustainability and fairness. At R1, not met and made as PA for completion of R1.

4

1

2016-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

22

3. Civil service and public employment reforms, and wages

Adoption, by the Council of Ministers, of a decree giving the authority to the Prime Minister's office to review and exclusively authorize recruitments and setting the maximum recruitments into the civil service at 3,000 for 2018 while confirming the number of 7,500 for 2017.

2

10/31/2017

M

Introduced at R1. Objective: Fiscal sustainability and fairness.

4

2

2017-10-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

23.1

4.1. Pension reforms

Adoption, by the Council of Ministers, of the comprehensive pension reform strategy to ensure financial sustainability.

1

09/30/2017

MOD-DATE

Introduced at R1. Objective: Fiscal sustainability and fairness. At R2, not met, at an advanced stage of implementation; test date is reset.

4

1

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

23.1

4.1. Pension reforms

Adoption, by the Council of Ministers, of the comprehensive pension reform strategy to ensure financial sustainability.

1

04/30/2018

NM

At R2, test date is reset; at an advanced stage of implementation.

4

1

2018-04-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Establishment of a databank on vulnerable households.

1

03/31/2017

MOD-DATE

Introduced at R0. Objective: Fiscal sustainability and fairness. At R1, not met, in progress, test date is reset.

4

1

2017-03-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Establishment of a databank on vulnerable households.

1

12/31/2017

MOD-DATE

At R1, test date is reset. At R2, not met, in progress; test date is reset.

4

1

2017-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Establishment of a databank on vulnerable households.

1

12/31/2018

SB

At R2, test date is reset. At R3, test date remains end-December 2018.

4

1

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Signature of performance contracts for the five largest public enterprises.

1

09/30/2016

MOD-DATE

Introduced at R0. Objective: Better monitoring of fiscal risks. At R1, not met, at an advanced stage of implementation, test date is reset.

4

1

2016-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Signature of performance contracts for the five largest public enterprises.

1

07/31/2017

MOD-PASB

At R2, benchmark became a PA four SOEs (STIR, STEG, Regie des Tabacs, and Office des Cereales). New benchmark for Tunisair.

4

1

2017-07-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Signature of performance contracts for TUNISAIR

2

12/31/2018

SB

At R2, outstanding PC of Tunisair became new SB. PCs for four other SOEs now prior action (met).

4

2

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Approval, by the board of Directors of public banks (STB, BH, and BNA), of performance contracts in line with their new restructuring plans.

1

06/30/2016

MOD-PA

Introduced at R0. Objective: Financial sector stability. At R1, not met and made as PA for completion of R1.

4

1

2016-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates to, at least, the 2009 level.

2

12/31/2016

MOD-DATE

Introduced at R0. Objective: Financial sector stability. At R1, not met, draft law in Parliament, test date is reset.

4

2

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates to, at least, the 2009 level.

2

09/30/2017

MOD-SB

At R1, test date is reset. At R2, the content is reprogrammed as a new SB.

4

2

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Systematic use, by the supervisors, of the new manual on risk-based supervision.

3

12/31/2016

M

Introduced at R0. Objective: Financial sector stability. Met at R1.

4

3

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Inspection of the seven largest private banks in line with the best standards and with IMF Technical Assistance as agreed with the CBT.

4

03/31/2017

MOD-DATE

Introduced at R0. Objective: Financial sector stability. At R1, not met, inspection of five banks completed in May 2017, test date is reset.

4

2017-03-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Inspection of the seven largest private banks in line with the best standards and with IMF Technical Assistance as agreed with the CBT.

4

09/30/2017

MD

At R1, test date is reset.

4

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Approval of secondary legislation to address some of the weaknesses in the banking law regarding the bank resolution framework through the (i) adoption of a government decree to implement the framework of the Bank Deposit Guarantee Fund that includes a least costtest for resolution with an exception for systemic cases; and (ii) adoption of a bylaw of the Resolution Committee providing a short timeframe to determine resolution measures for systemic cases.

5

08/31/2016

M

Introduced at R0. Objective: Financial sector stability. Met at R1.

4

5

2016-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Adoption of: i) a law to make it possible for public banks to abandon claims on credits like their private peers (both in the context of the insolvency law and outside of this context); ii) a government decree creating a permanent committe that will grant an assent to the Ministry of Finance for all measures concerning debt settlement of the State, local collectivities and public establishments; the decree will specify the claims of public banks will not be within the purview of the permanent committee; and iii) simplified rules to write-off claims, eliminating the requirement for a final judgment.

6

10/31/2017

MOD-PASB

At R2, partly met with delay: (ii) met, (i) and (iii) are replaced by a Prior Action and a reprogrammed Structural Benchmark.

4

6

2017-10-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Portfolio quality. Adoption by Parliament of (i) a law to make it possible for public banks to abandon claims on credits like their private peers (both in the context of the insolvency law and outside of this context); and (ii) a law simplifying write-off rules, eliminating the requirement for a final judgment.

7

06/30/2018

M

At R2, elements i and iii of previous SB. Reprogrammed to Oct 2018.

4

7

2018-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates for corporates and SMEs from +20 percent above the average lending rate to +33 percent.

8

05/30/2018

MOD-DATE

At R2, reprogrammed from an old SB; date and ceiling amount were reset. Draft law in Parliament. Augmentation limited to +20% for individuals.

4

8

2018-05-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates for corporates and SMEs from +20 percent above the average lending rate to +33 percent.

8

12/31/2018

SB

At R3, reprogrammed due to delays in legislative agenda.

4

8

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Vote of the resolution committee on the orderly resolution of the BFT.

9

05/31/2018

MOD-DATE

Introduced at R2. Objective: financial sector stability. Reprogrammed to August 2018.

4

9

2018-05-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Vote of the resolution committee on the orderly resolution of the BFT.

9

08/31/2018

MOD-DATE

At R3, reprogrammed to August 2018.

4

9

2018-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Vote of the resolution committee on the orderly resolution of the BFT.

9

11/30/2018

SB

At R4, reprogrammed to end-November 2018.

4

9

2018-11-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

25.2

6.2. Restructuring and privatization of financial institutions

Approval, by the board of Directors of STB and BNA, of revised business plan ensuring regulatory compliance throughout the restructuring period and in line with the principles detailed in the MEFP.

1

07/31/2016

M

Introduced at R0. Objective: Financial sector stability. Met at R1.

4

1

2016-07-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Adoption of the implementation decrees for the new law on competition, law on PPPs, and new investment code.

1

09/30/2016

M

Introduced at R0. Objective: Inclusive growth and job creation. Met at R1.

4

1

2016-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Establishment of a one-stop investment agency.

2

05/31/2018

M

Introduced at R2. Objective: private sector development.

4

2

2018-05-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Creation of an independent, high anti-corruption authority.

1

12/31/2016

MOD-DATE

Introduced at R0. Objective: Good governance and fairness. At R1, not met, draft law in Parliament, test date is reset.

4

1

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Creation of an independent, high anti-corruption authority.

1

09/30/2017

M

At R1, test date is reset. Met at R2.

4

1

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Signature of the decree appointing the members of the high anti-corruption and good governance authority; signature of the decree specifying the remuneration of its members; and submission of its budget in the context of the 2018 budget law preparation.

2

11/30/2017

MOD-PASB

Introduced at R1. Objective: Good governance and fairness. At R2, not met and replaced with a Prior Action and a reprogrammed SB.

4

2

2017-11-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

High anti-corruption and good governance authority (HACGGA). Signature of the decree appointing the members of the HACGGA.

3

06/30/2018

MOD-DATE

At R2, reprogrammed as a new SB from (i) of a previous SB. Reprogrammed to December 2018.

4

3

2018-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

N/A

2018-09-28

P1

R4

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

High anti-corruption and good governance authority (HACGGA). Signature of the decree appointing the members of the HACGGA.

3

12/31/2018

SB

At R3, reprogrammed to December 2018.

4

3

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

20.1

1.1. Revenue measures, excluding trade policy

Adoption, by the Council of Ministers, of the comprehensive tax reform strategy, in line with the principles of fairness and efficiency agreed with IMF staff.

1

Program Prior Action

M

Introduced at R0. Objective: Fiscal sustainability and fairness.

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

20.1

1.1. Revenue measures, excluding trade policy

Adoption, by the Council of Ministers, of the 2018 tax strategy and its presentation to the "Pacte de Carthage" signatories.

2

First Review Prior action

M

Intorduced at R1. Objective: Fiscal sustainability and fairness

5

2

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

20.1

1.1. Revenue measures, excluding trade policy

Adoption of a satisfactory 2018 budget law by Parliament.

3

Second Review Prior action

M

N/A

5

3

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

20.2

1.2. Revenue administration, including customs

Adoption, by the Council of Ministers, of the decree for the establishment of a Large Taxpayers Unit to include formal responsibility for the major tax and enforcement functions (return processing, taxpayer advisory services, and audit), the setting of an implementation timetable, and the establishment of a monitoring task force. The implementation will be in line with the recommendations of the IMF Technical Assistance of April 2017.

1

First Review Prior action

M

Intorduced at R1 as PA, as the SB was not met. Objective: Fiscal sustainability and fairness

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

20.3

1.3. Expenditure measures, including arrears clearance

Fuel prices. (1) Adoption of a ministerial order announcing a significant increase in the prices of the three main fuel products in June; and (2) public announcements of (i) the cap on energy subsidies at 2.5 percent of GDP (2,700 million dinars) in 2018; (ii) a monthly price adjustment for the three main fuel products from July; and (iii) an additional one-off price correction in October if the energy subsidy budget were likely to be exceeded.

1

Third Review Prior action

M

On (1): The government increased fuel prices by 75 millimes on June 22, 2018 (see press coverage below). On (2): The government announced that (i) the budget envelope for energy subsidies will be increased from TD 1,500 million to only TD 2,700 million in the upcoming supplementary budget; (ii) monthly price adjustments--previously announced in December 2016 for July 2017--will finally be implemented starting in July 2018; and (iii) the price adjustments will be revisited in October 2018 to ensure the energy subsidies do not exceed the new envelope of TD 2,700 million (see press coverage below).

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

20.3

1.3. Expenditure measures, including arrears clearance

Social protection. Public announcements of an increase in social transfers for vulnerable households.

2

Third Review Prior action

M

The government held a press conference on June 21st, announcing in particular the extension of the coverage of the National Program of Assistance of Needy Families (PNAF) from 250,000 to 285,000 households and the coverage of transport costs for children and students from families in need (see press coverage below).

5

2

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

20.3

1.3. Expenditure measures, including arrears clearance

Energy prices. To safeguard most of the savings agreed in the Third Review on the energy subsidy bill, the authorities implemented as a PA price increases for fuel, electricity, and gas effective September 1; and issued an administrative order announcing additional increases for electricity and gas in October and November.

3

Fourth Review Prior action

M

Introduced at R4 as Prior Action.

5

3

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

20.3

1.3. Expenditure measures, including arrears clearance

Utility tariffs. Implementation of a set of electricity and gas tariff hikes that reduce subsidies by TD 74 million.

4

Fifth Review Prior action

M

N/A

5

4

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

21.1

2.1. Central bank operations and reforms

Foreign exchange interventions. Compliance with the monthly intervention budget in April and May.

1

Third Review Prior action

M

The Central Bank of Tunisia provided data on FX interventions.

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

22

3. Civil service and public employment reforms, and wages

Approval, by the Council of Ministers, of a revised civil service reform strategy.

1

First Review Prior action

M

Intorduced at R1 as PA, as the SB was not met. Objective: Fiscal sustainability and fairness

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

23

4. Pension and other social sector reforms

Caisse Nationale de Sécurité Sociale (CNSS). Start of arrears clearance with a first tranche of TD 200 million by public sector entities.

1

Second Review Prior action

M

N/A

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Social protection. Implementation of a set of measures to strengthen public health care for low-income families (TD 100 million).

1

Fifth Review Prior action

M

N/A

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

24.1

5.1. Public enterprise pricing and subsidies

Significant ad-hoc increase of fuel prices.

1

Second Review Prior action

M

N/A

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

24.1

5.1. Public enterprise pricing and subsidies

Fuel prices. Implementation of a price increase of an average of at least 5 percent at least for the main fuels.

2

Fifth Review Prior action

M

N/A

5

2

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

25

6. Financial sector

Adoption, by the Assembly, of the People's Representatives (ARP), of the CBT law, the banking law, and the bankruptcy law in line with good international practices.

1

Program Prior Action

M

Introduced at R0. Objective: Ensure financial sector stability, modernize monetary regimes, and support inclusive growth and job creation.

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Approval, by banks' boards, of the updated business plans for all three public banks.

1

Program Prior Action

M

Introduced at R0. Objective: Financial sector stability

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Portfolio quality. Adoption by the Council of Ministers of (i) a draft law allowing public banks to abandon claims on credits like their private peers; (ii) a draft law simplifying write-off rules so that a final judgment is not necessary; (iii) a decree stipulating that public banks are not subject to the consent of a committee for the renegotiation of receivables in the context of insolvency proceedings; and (iv) the white book defining the strategy for the elimination of outstanding debts in the context of insolvency proceedings in the tourism sector.

2

Second Review Prior action

M

Element i) was previously a SB and was replaced by the Prior Action.

5

2

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

25.2

6.2. Restructuring and privatization of financial institutions

Approval, by the board of Directors of public banks (STB, BH, and BNA), of performance contracts in line with their new restructuring plans.

1

First Review Prior action

M

Intorduced at R1 as PA, as the SB was not met. Objective: Financial sector stability

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

PA

30

11. Other structural measures

Governance. (i) High Anti-Corruption and Good Governance Authority (HACGGA): publication of a call for candidature for the members of the HACGGA, signature of the decree specifying the remuneration of its members, and submission of its budget in the context of the 2018 budget law preparation; (ii) Performance contracts: signature of annexes with financial performance indicators for four of the five largest SOEs (i.e. Office des Céréales, Régie des Tabacs, STIR and STEG).

1

Second Review Prior action

M

N/A

5

1

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20

1. General government

Completion of the functional review of four ministries (Health, Education, Finance, and Infrastructure).

1

12/31/2016

MOD-DATE

Introduced at R0. Objective: Fiscal sustainability and quality public services. At R1, not met, at an advanced stage of implementation, test date is reset.

5

1

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20

1. General government

Completion of the functional review of four ministries (Health, Education, Finance, and Infrastructure).

1

08/31/2017

MOD-DATE

At R1, test date is reset. At R2, not met, at an advanced stage of implementation, test date is reset.

5

1

2017-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20

1. General government

Completion of the functional review of four ministries (Health, Education, Finance, and Infrastructure).

1

06/30/2018

M

At R2, test date is reset, at an advanced stage of implementation.

5

1

2018-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Reapplication of the automatic fuel price adjustment mechanism.

1

09/30/2017

MOD-SB

Introduced at R1. Objective: Fiscal sustainability and fairness.

5

1

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Quarterly application of the automatic fuel price adjustment mechanism.

2

03/30/2018

MD

At R4 this became a Prior Action. Continues until end of program.

5

2

2018-03-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Quarterly application of the automatic fuel price adjustment mechanism.

2

09/30/2018

M

N/A

5

2

2018-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Quarterly application of the automatic fuel price adjustment mechanism.

2

12/31/2018

NM

N/A

5

2

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Quarterly application of the automatic fuel price adjustment mechanism.

2

03/30/2019

M

N/A

5

2

2019-03-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Quarterly application of the automatic fuel price adjustment mechanism.

2

Quarterly

SB

N/A

5

2

2023-09-23

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Increase of the VAT rate for liberal professions from 13 to 19 percent.

3

12/31/2018

MOD-DATE

Introduced at R2. Objective: fiscal sustainability and fairness.

5

3

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Increase of the VAT rate for liberal professions from 13 to 19 percent.

3

12/31/2019

SB

At R5, reprogrammed to December 2019

5

3

2019-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.1

1.1. Revenue measures, excluding trade policy

Tax regime. Adoption of a 2019 Budget Law that eliminates the preferential tax regime for “off-shore” companies.

4

12/30/2018

M

Introduced at R4.

5

4

2018-12-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.2

1.2. Revenue administration, including customs

Establishment of a Large Taxpayers Unit to include formal responsibility for the major tax and enforcement functions (return processing, taxpayer advisory services, and audit).

1

12/31/2016

MOD-PA

Introduced at R0. Objective: Social protection and fairness. At R1, not met and made as PA for completion of R1.

5

1

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.2

1.2. Revenue administration, including customs

Operationalization of the transfer, and merger, of control (in-depth verification) and tax arrears management (recovery) functions into the new umbrella structure for tax administration (created by the 2018 budget law).

2

07/31/2018

CAN

Introduced at R2. Objective: fiscal sustainability and fairness. At R3, dropped because the authorities opted for a different and more comprehensive reform path, not considered macro-critical thanks to revenue performance.

5

2

2018-07-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.2

1.2. Revenue administration, including customs

Efficiency of STEG. Collection of outstanding utility bills from private and public customers to the STEG utility company (TD 140 million).

3

06/30/2019

SB

Introduced at R5. Objective: Fiscal sustainability and fairness.

5

3

2019-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

Transfer of control (in-depth verification) and tax arrears management functions for large enterprises to the Large Taxpayers Unit (DGE) and their operationalization.

1

10/31/2017

MOD-DATE

Introduced at R1. Objective: Fiscal sustainability and fairness. At R2, not met, test date is reset.

5

1

2017-10-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.3

1.3. Expenditure measures, including arrears clearance

Transfer of control (in-depth verification) and tax arrears management functions for large enterprises to the Large Taxpayers Unit (DGE) and their operationalization.

1

12/31/2018

CAN

At R2, test date is reset. At R3, dropped because the authorities opted for a different and more comprehensive reform path, not considered macro-critical thanks to revenue performance.

5

1

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.5

1.5. Debt Management

Adoption of a medium-term debt strategy.

1

12/31/2016

M

Introduced at R0. Objective: Debt sustainability and deepening of financial markets. Met at R1.

5

1

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication, in the official journal, of the organic budget law.

1

12/31/2016

MOD-DATE

Introduced at R0. Objective: Fiscal sustainability and fairness. At R1, not met, draft law in Parliament, test date is reset.

5

1

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication, in the official journal, of the organic budget law.

1

09/30/2017

MOD-DATE

At R1, test date is reset.

5

1

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

20.7

1.7. Fiscal transparency (publication, parliamentary oversight)

Publication, in the official journal, of the organic budget law.

1

12/31/2018

MD

At R2, test date is reset.

5

1

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

21.1

2.1. Central bank operations and reforms

Implementation of a full foreign exchange auction mechanism by the Central Bank of Tunisia.

1

08/31/2017

MOD-DATE

Introduced at R1. Objective: Financial sector stability. At R2, not met, test date is reset.

5

1

2017-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

21.1

2.1. Central bank operations and reforms

Implementation of a full foreign exchange auction mechanism by the Central Bank of Tunisia.

1

06/30/2018

MOD-DATE

At R2, test date is reset.

5

1

2018-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

21.1

2.1. Central bank operations and reforms

Implementation of a full foreign exchange auction mechanism by the Central Bank of Tunisia.

1

08/31/2018

M

N/A

5

1

2018-08-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

21.1

2.1. Central bank operations and reforms

Communication of monetary policy decisions. Start publishing quarterly monetary policy reports including medium-term projections of inflation and growth.

2

06/30/2019

SB

Introduced at R4.

5

2

2019-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

21.1

2.1. Central bank operations and reforms

Monetary policy operations. Increase in the share of governements bonds accepted as collateral in refinancing operations with commercial banks to 50 percent.

3

09/30/2019

SB

Introduced at R5. Objective: Monetary policy effectiveness.

5

3

2019-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

22

3. Civil service and public employment reforms, and wages

Approval, by the Council of Ministers, of a comprehensive strategy on civil service reform.

1

09/30/2016

MOD-PA

Introduced at R0. Objective: Fiscal sustainability and fairness. At R1, not met and made as PA for completion of R1.

5

1

2016-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

22

3. Civil service and public employment reforms, and wages

Adoption, by the Council of Ministers, of a decree giving the authority to the Prime Minister's office to review and exclusively authorize recruitments and setting the maximum recruitments into the civil service at 3,000 for 2018 while confirming the number of 7,500 for 2017.

2

10/31/2017

M

Introduced at R1. Objective: Fiscal sustainability and fairness.

5

2

2017-10-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

23.1

4.1. Pension reforms

Adoption, by the Council of Ministers, of the comprehensive pension reform strategy to ensure financial sustainability.

1

09/30/2017

MOD-DATE

Introduced at R1. Objective: Fiscal sustainability and fairness. At R2, not met, at an advanced stage of implementation; test date is reset.

5

1

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

23.1

4.1. Pension reforms

Adoption, by the Council of Ministers, of the comprehensive pension reform strategy to ensure financial sustainability.

1

04/30/2018

M

At R2, test date is reset; at an advanced stage of implementation.

5

1

2018-04-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Establishment of a databank on vulnerable households.

1

03/31/2017

MOD-DATE

Introduced at R0. Objective: Fiscal sustainability and fairness. At R1, not met, in progress, test date is reset.

5

1

2017-03-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Establishment of a databank on vulnerable households.

1

12/31/2017

MOD-DATE

At R1, test date is reset. At R2, not met, in progress; test date is reset.

5

1

2017-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Establishment of a databank on vulnerable households.

1

12/31/2018

MD

At R2, test date is reset. At R3, test date remains end-December 2018.

5

1

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Social protection. Payment of (1) a TD 80 one-off transfer for Ramadan to each vulnerable household (PNAFN): and (2) a subsidy for the new school year to low-income households (AMG2). The total cost will be TD 35 million.

2

09/30/2019

SB

Introduced at R5. Objective: Social protection and fairness

5

2

2019-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Social protection. Payment support by the budget for unpaid energy bills of low-income households (i.e. AMG1 and AMG2, registered in the new AMEN database) for an amount pf TD 50 millions.

3

09/30/2019

SB

Introduced at R5. Objective: Social protection and fairness

5

3

2019-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Signature of performance contracts for the five largest public enterprises.

1

09/30/2016

MOD-DATE

Introduced at R0. Objective: Better monitoring of fiscal risks. At R1, not met, at an advanced stage of implementation, test date is reset.

5

1

2016-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Signature of performance contracts for the five largest public enterprises.

1

07/31/2017

MOD-PASB

At R2, benchmark became a PA four SOEs (STIR, STEG, Regie des Tabacs, and Office des Cereales). New benchmark for Tunisair.

5

1

2017-07-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Signature of performance contracts for TUNISAIR

2

12/31/2018

NM

At R2, outstanding PC of Tunisair became new SB. PCs for four other SOEs now prior action (met).

5

2

2018-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Approval, by the board of Directors of public banks (STB, BH, and BNA), of performance contracts in line with their new restructuring plans.

1

06/30/2016

MOD-PA

Introduced at R0. Objective: Financial sector stability. At R1, not met and made as PA for completion of R1.

5

1

2016-06-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates to, at least, the 2009 level.

2

12/31/2016

MOD-DATE

Introduced at R0. Objective: Financial sector stability. At R1, not met, draft law in Parliament, test date is reset.

5

2

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Increase of the cap on lending rates to, at least, the 2009 level.

2

09/30/2017

MOD-SB

At R1, test date is reset. At R2, the content is reprogrammed as a new SB.

5

2

2017-09-30

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Systematic use, by the supervisors, of the new manual on risk-based supervision.

3

12/31/2016

M

Introduced at R0. Objective: Financial sector stability. Met at R1.

5

3

2016-12-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Inspection of the seven largest private banks in line with the best standards and with IMF Technical Assistance as agreed with the CBT.

4

03/31/2017

MOD-DATE

Introduced at R0. Objective: Financial sector stability. At R1, not met, inspection of five banks completed in May 2017, test date is reset.

5

4

2017-03-31

N/A

735

TUNISIA

744

EFF

2016-05-20

2,016

2020-05-19

2,020

2020-03-18

N/A

2019-06-12

P1

R5

L

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Inspection of the seven largest private banks in line with the best standards and with IMF Technical Assistance as agreed with the CBT.

4

09/30/2017

MD

At R1, test date is reset.

5

4

2017-09-30

N/A