Tunisia and IMF agree $1.78 billion loan agreement

Tunisia and IMF agree $1.78 billion loan agreement
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Published April 16th, 2013 - 08:20 GMT via SyndiGate.info

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Tunisia and the IMF are due to finalize a $1.78 billion precautionary loan
Tunisia and the IMF are due to finalize a $1.78 billion precautionary loan
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The International Monetary Fund (IMF) and the Tunisian government have reached agreement on a $1.78 bln precautionary loan which will be announced on Tuesday, a senior government official told Reuters on Monday.

"The agreement is already won and it will be announced tomorrow, but the official signing will be next month," a senior official who declined to be named said.

A delegation from the IMF began a new round of negotiations on April 8 with Tunisia, which asked for the precautionary loan to meet its financial difficulties since the revolution that toppled the former regime two years ago.

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