Tunisia Govt, UGTT Union Sign Deal on Economic Reforms

Tunisia's Prime Minister Hichem Mehcichi. (AFP file photo)
Tunisia's Prime Minister Hichem Mehcichi. (AFP file photo)
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Tunisia Govt, UGTT Union Sign Deal on Economic Reforms

Tunisia's Prime Minister Hichem Mehcichi. (AFP file photo)
Tunisia's Prime Minister Hichem Mehcichi. (AFP file photo)

Tunisia's government and the powerful UGTT labor union signed an economic reform package on Wednesday that tackles subsidies, taxes and state firms, Prime Minister Hichem Mehcichi said.

The deal, which comes as Tunisia grapples with unprecedented financial problems, could open the way for an agreement with the International Monetary Fund.

"It is a historic agreement on important battles in our country," Mechichi said.

The agreement includes a plan to start reforms for seven state companies, including Tunisair and the STEG Electricity Company.

Details of the reforms plan will be unveiled later.

The IMF urged Tunisia to cut its wage bill and limit energy subsidies to reduce a fiscal deficit, putting more pressure on the government amid a severe financial and political crisis.

"A very good step that shows that we are the ones who choose our reforms and agree on them without anyone dictating them to Tunisia," Finance Minister Ali Kooli told Reuters.

Kooli said that a Tunisian delegation would start discussions with the IMF over a financing program in two weeks, adding that reaching a deal with IMF would improve Tunisia's credibility and allow it to mobilize foreign loans.

Tunisia’s 2021 budget forecasts borrowing needs of $7.2 billion, including about $5 billion in foreign loans. It puts debt repayments due this year at 16 billion dinars ($5.75 billion), up from 11 billion dinars in 2020.



Morocco Foils 78,685 Migrant Attempts to Reach Europe in 2024

Migrants board an Italian Coast Guard vessel as part of a transfer operation from the asylum processing centers in Albania back to Italy following a court decision in Rome, at the port of Shengjin, northwestern Albania, Saturday, Feb. 1, 2025. (AP Photo/Vlasov Sulaj)
Migrants board an Italian Coast Guard vessel as part of a transfer operation from the asylum processing centers in Albania back to Italy following a court decision in Rome, at the port of Shengjin, northwestern Albania, Saturday, Feb. 1, 2025. (AP Photo/Vlasov Sulaj)
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Morocco Foils 78,685 Migrant Attempts to Reach Europe in 2024

Migrants board an Italian Coast Guard vessel as part of a transfer operation from the asylum processing centers in Albania back to Italy following a court decision in Rome, at the port of Shengjin, northwestern Albania, Saturday, Feb. 1, 2025. (AP Photo/Vlasov Sulaj)
Migrants board an Italian Coast Guard vessel as part of a transfer operation from the asylum processing centers in Albania back to Italy following a court decision in Rome, at the port of Shengjin, northwestern Albania, Saturday, Feb. 1, 2025. (AP Photo/Vlasov Sulaj)

Morocco stopped 78,685 migrants from illegally crossing into European Union territory in 2024, up 4.6% from a year earlier, the Interior Ministry said on Thursday.
The figures highlight "growing migratory pressure in an unstable regional environment", the ministry said in response to questions emailed by Reuters.
Among the migrants, 58% were from West Africa, 12% from North Africa where Morocco is located, and 9% from East and Central Africa, it said.
Years of armed conflict across Africa's Sahel region, unemployment and the impact of climate change on farming communities are among the reasons driving migrants towards Europe.
Morocco and neighboring EU member Spain have strengthened cooperation against undocumented migration.
Last year, there were 14 group attempts to cross into the Spanish enclaves of Ceuta and Melilla, compared with six in 2023, the ministry said.
Moroccan authorities rescued 18,645 would-be migrants from unseaworthy boats in 2024, up 10.8% from 2023, it said.
Last month as many as 50 migrants may have drowned in the latest deadly wreck involving people trying to make the Atlantic crossing from West Africa to Spain's Canary Islands, a migrant rights group said.