Friday, September 20, 2013

Rank and Economy

The rank of Tunisia from the poorestcountries is 102 and from the richest is 102 with gdp per capita using atlas method in 2003 is 2,240 $ . In other measurement IMF,WB,and CIA measured in 2007,2007, and 2008 using nominal method ;
IMF.........................WB...................................CIA
rank/measure.......rank/measure.......................rank/measure
95/3,424..............86/3,417...............................97/3,405
Tunisia’s economic freedom score is 57, making its economy the 107th freest in the 2013 Index. Its score is 1.6 points lower than last year due to declines in five of the 10 economic freedoms including control of government spending, labor freedom, and freedom from corruption. Tunisia is ranked 11th out of 15 countries in the Middle East/North Africa region, and its overall score is just below the world average.
Tunisia has registered one of the 20 largest score declines in the 2013 Index, and its first post-revolutionary government faces daunting tasks. The fiscal situation remains precarious. Deficits and debt continue to expand due to poor public finance management and slow growth. Reforms that started before the uprising targeted investment and business freedom, but progress has slowed, and the regulatory framework remains inefficient.

Despite the challenging environment, efforts have been made to improve fiscal and trade freedom. A new tax collection system has been introduced, and procedures governing international trade have been modernized. However, pending agreement on a new constitution, rule of law continues to suffer. The precarious economic situation is exacerbated by widespread corruption.