• News
  • Sport
  • TV
  • Radio
  • Education
  • TV Licences
  • Contact Us
No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • SCI-TECH
  • LIFESTYLE
  • FEATURES
  • OPINION
Home Africa

IMF delegation heading to Tunisia to start loan talks -central bank

1 July 2022, 8:21 PM  |
Reuters Reuters |  @SABCNews
the International Monetary Fund headquarters building.

the International Monetary Fund headquarters building.

Image: Reuters

the International Monetary Fund headquarters building.

A delegation from the International Monetary Fund (IMF) will visit Tunisia on Monday to start negotiations over a loan programme, a central bank official said. This follows the completion of technical talks between the IMF and Tunisia, said Zied Mouhli, a central bank spokesperson.

Tunisia, which is facing a financial crisis, is seeking to reach a loan deal in return for an unpopular reform package to shore up its struggling public finances. The IMF last week welcomed economic reforms proposed by the Tunisian government and said it was ready to start negotiations in the coming weeks.

“The reform programme announced by the government achieves several benefits, such as increasing credibility, making the chances of success greater than in the past,” Jihad Azour, director of the fund’s Middle East and Central Asia Department said last week.

“After months of technical discussions with Tunisian authorities, the IMF is ready to start negotiations on the program in the coming weeks,” he added.

Tunisia’s reform plan includes freezing wages, stopping public sector recruitment, cutting energy and food subsidies, and selling shares in-state companies.

The powerful UGTT Labor Union, with about 1 million members, strongly opposes the proposed programme and launched a national strike last month in public companies. It said it plans to repeat the action.

Share article
Tags: IMFTunisia
Previous Post

Sadtu in Mpumalanga says ongoing rolling blackouts have negative impact on winter classes programme

Next Post

All systems in place ahead of the Durban July

Related Posts

Italian Prime Minister Giorgia Meloni

Italy’s Meloni in Libya to conclude $8 billion gas deal

28 January 2023, 4:35 PM
African Development Bank President Akinwumi Adesina

Development partners commit $30 bln to food production in Africa

27 January 2023, 4:36 PM
[file photo]Athletes exercise in the early morning in the sports ground of the University of Eldoret in western Kenya, March 21, 2016. REUTERS/Siegfried Modola/File Photo

Kenyan Lempus gets five-year ban for doping violation

26 January 2023, 2:06 PM
US Secretary of State Antony Blinken looks on during a meeting with Turkey’s Foreign Minister Mevlut Cavusoglu at the State Department in Washington, US, January 18, 2023.

US blocks entry to those ‘undermining’ Nigerian democracy

26 January 2023, 6:39 AM
Tanzanian opposition leader Tindu Lissu

Tanzanian opposition leader returns home after two years in exile

25 January 2023, 2:34 PM
Eswatini human rights lawyer Thulani Maseko

International outrage over Eswatini human rights lawyer’s brutal murder

25 January 2023, 11:43 AM
Next Post
Fashionistas show off their dresses at the 2018 Durban July.

All systems in place ahead of the Durban July

Most Viewed

  • 24hrs
  • Week
  • Month
  • Scorcher predicted in Northern Cape for two weeks
  • Gas leak shut, isolated in Pretoria North
  • Residents shut down Komani over power woes
  • ANC slams DA’s march to Luthuli House
  • Limpopo man arrested after discovery of his wife’s body in water-filled pit toilet
  • Parts of the Northern Cape to be exempted from rolling blackouts
  • VIDEO | St Benedict College’s Matric learner gets 11 distinctions
  • Limpopo matriculant from child-headed household attains diploma pass
  • Female circumcision practice thriving in Eastern Cape
  • Premier denies claims that KZN government spent millions on Mampintsha’s funeral
  • Gas leak shut, isolated in Pretoria North
  • Limpopo man arrested after discovery of his wife’s body in water-filled pit toilet
  • EFF cuts ties with IFP in KwaZulu-Natal
  • Mahlengi Bhengu replaces Pule Mabe as ANC chief spokesperson
  • KZN Shark Board bans bathing at beaches amid cyclone Cheneso

LATEST

[File Image]A child running away from the dark room.
  • South Africa

NPA applies for cancellation of Gerhard Ackerman’s bail


Jacob Zuma
  • South Africa

Decision on Judge Koen on recusal matter in case involving Zuma to be heard on Monday


Models present creations at the Gucci Fall/Winter 2023/2024 menswear show in Milan, Italy January 13, 2023.
  • Lifestyle

Gucci names De Sarno as creative director with the task of reviving the brand


People carry a banner reading " We are also teaching fighting" as school workers demonstrate for better salaries and working conditions, in Lisbon, Portugal January 28, 2023.
  • South Africa

Tens of thousands of teachers march in Lisbon to demand better pay and conditions


The Lebombo Border Post between South Africa and Mozambique.
  • South Africa

Stolen cars recovered near Mozambican border


South Africa's Foreign Minister Naledi Pandor shakes hands with Russia's Foreign Minister Sergei Lavrov, ahead of their bilateral meeting in Pretoria, South Africa, January 23, 2023.
  • Politics

DA slams SA government for defending the military exercise with Russia


Weather

  • About the SABC
  • Contact Us
  • Jobs
  • Advertise
  • Disclaimer
  • Site Map

SABC © 2022

No Result
View All Result
  • SOUTH AFRICA
  • POLITICS
  • BUSINESS
  • SPORT
  • AFRICA
  • WORLD
  • SCI-TECH
  • LIFESTYLE
  • FEATURES
  • OPINION

© 2022

Previous Sadtu in Mpumalanga says ongoing rolling blackouts have negative impact on winter classes programme
Next All systems in place ahead of the Durban July