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Tunisia Says Talks with IMF Positive, Committed to Paying Debts

Tunisia Says Talks with IMF Positive, Committed to Paying Debts

Wednesday, 11 May, 2022 - 17:00
A vendor offers rose petals to produce rose water traditionally in Nabeul, south of Tunis, Tunisa, 07 May 2022. (EPA)

Tunisian Finance Minister Sihen Boughiri said on Wednesday that initial talks with the International Monetary Fund were positive and that Tunis was committed to paying all its foreign debts.


Tunisia, in the throes of a severe financial crisis, is seeking to reach a new loan deal with the IMF in exchange for what would be unpopular reforms that include lifting subsidies and freezing wages.


Boughiri also said that Tunisia would repay 3.5 billion dinars ($1.14 billion) in foreign debt this month.


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