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Summary: Tunisia (Republic of) Feb 06 Product Image

Summary: Tunisia (Republic of) Feb 06

  • Published: February 2006
  • Region: Tunisia
  • Standard & Poors

Abstract
The investment grade ratings on Tunisia reflect the government's continued prudent policies, which have in particular led to low fiscal and current account deficits. This supporting factor is balanced by public sector and external debt levels that are higher than the 'BBB' median, while per capita incomes that are lower than for peers. Furthermore, the relatively important role of the public sector in the economy, combined with a business climate and banking system that are in need of improvement, make contingent liabilities higher than for the peers, as well as constraining the country's economic structure. With continued prudence in government policies and despite external shocks, budget and current account deficits in 2005 remained low at about 3.0% of GDP and...

Companies mentioned in this report are:
- Tunisia (Republic of)
- Banque Centrale de Tunisie

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of READ MORE >

- Tunisia (Republic of)
- Banque Centrale de Tunisie

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