Tunisia and IMF agree $1.78 billion loan agreement
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.
- Oman’s Duqm tourist complex moves forward with government approval
- Kuwait fights budget deficit: Reexamining government salaries, expatriate labor
- Tunisian Confederation of Industry, Trade, and Handicrafts fights nationwide unemployment levels
- Construction costs fall in Dubai
- Western tourists flock to Iran, could generate $30B in new revenue