HomeEconomyWashington backs IMF aid to Tunisia

Washington backs IMF aid to Tunisia

The head of US diplomacy, Antony Blinken, has asked Tunisia, a country strangled by debt and struggling with immigration, to accept an IMF reform plan to avoid economic collapse.

The head of US diplomacy, Antony Blinken, on Monday called on Tunisia, a country strangled by debt and struggling with immigration, to accept an IMF reform plan to avoid sinking economically.

The United States would “welcome that the Tunisian government submit a revised reform plan to the IMF and that the IMF may be in a position to act on this plan,” he told a news conference.

More than 100 highly indebted public companies

Tunisia is in difficult talks with the international organization for a new $2 billion loan, but President Kais Saied rejects recommended reforms that call for the restructuring of more than 100 heavily indebted public companies and the lifting of state subsidies in some basic products.

For its part, the European Union offered Tunisia a “reinforced partnership” on Sunday accompanied by promises of financial aid, following the visit to Tunisia of the President of the European Commission, Ursula von der Leyen, and the Prime Ministers of Italy, Giorgia Meloni, and from the Netherlands, Marcos Rutte.

Ms. von der Leyen mentioned “a macro-financial aid that could reach 900 million euros”, and that it would be added to the granting by the IMF of a loan of 2,000 million dollars.

Author: PS with AFP
Source: BFM TV

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