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Tunisia officially requests a financing program from the International Monetary Fund

Today, Sunday, the International Monetary Fund announced that Tunisia formally requested a funding program from him, on April 19, and Fund Director Kristalina Georgieva said, in a letter to Tunisian Prime Minister Hicham El Mechichi, that she will assign a delegation to conduct technical talks as soon as the Tunisian economic reform program is obtained. .


Sputnik reported that the fund is the price of the government's dialogue efforts with community partners regarding priority reforms to revive the ailing Tunisian economy.


Tunisia needs more than 18.5 billion dinars to balance its expenditures and resources, after the budget deficit reached 7.3% of GDP.


Tunisia is preparing at the end of this month to enter into a series of direct negotiations with IMF experts with the aim of concluding an agreement that would allow it to obtain financing to cover its financial deficit.


Tunisian Prime Minister Hicham El Mechichi announced earlier that the new negotiations with the International Monetary Fund would start this month on the basis of a broad reform program, which is mainly based on reforming public institutions, modifying the subsidy system, lifting investment restrictions and modifying the mode of development.