An International Monetary Fund team is due in Tunisia for talks with the new government on Thursday, a local television station said, as warning signs mounted over the North African nation’s battered economy.
IMF officials will discuss the possibility of restarting negotiations on a new loan program with Prime Minister Najla Bouden Romdhane’s administration during the roughly week-long visit, Wataniya 1 reported late Wednesday, without giving more details.
Tunisia is battling long-standing economic troubles and has been mired in a fresh political crisis since late-July, when President Kais Saied suspended parliament, assuming more powers and later appointing a new premier. The central bank last week voiced concern over the “acute” drying up of foreign financing and the sustainability of public debt.
IMF Managing Director Kristalina Georgieva said during an online press briefing Wednesday that Tunisia “clearly needs urgent and targeted economic reforms to stabilize the economy and put public finances on a sustainable path,” state news agency TAP reported.
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