Tunisia | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Tunisian Republic
Records
63
Source
Tunisia | Claims on central government (annual growth as % of broad money)
1960
10.63736744 1961
12.36016371 1962
24.57005284 1963
2.18942827 1964
4.97417205 1965
3.67296055 1966
-0.8537065 1967
1.31555648 1968
2.802432 1969
-0.73790142 1970
-3.27897605 1971
-4.97591503 1972
-1.94605417 1973
2.58059975 1974
0.72889953 1975
8.27850467 1976
2.5819359 1977
3.84763344 1978
3.43318405 1979
0.39783034 1980
2.49663766 1981
2.88724193 1982
2.23833644 1983
3.90042728 1984
3.7426893 1985
2.31541886 1986
2.83159513 1987
-1.1709151 1988
0.8485389 1989
1.79687082 1990
0.80783989 1991
-1.92998098 1992
-1.5629981 1993
-1.14312231 1994
-1.21738062 1995
-1.30527851 1996
3.40518229 1997
-1.11245983 1998
4.9824122 1999
5.55270846 2000
-15.33957906 2001
-2.12724099 2002
0.51623963 2003
-0.08801039 2004
-0.04926285 2005
-8.26364986 2006
6.82302928 2007
-1.87595258 2008
-1.47994875 2009
-2.23909584 2010
2.81725845 2011
-0.10056289 2012
7.63372907 2013
2.5601201 2014
-0.32734719 2015
4.99236504 2016
1.15459729 2017
-0.08318249 2018
0.91402875 2019
2.72165336 2020
6.37951597 2021
2.88071376 2022
Tunisia | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Tunisian Republic
Records
63
Source