Bloomberg News

IMF Board Approves $1.74 Billion Loan to Tunisia

June 07, 2013

Tunisia was approved for a $1.74 billion loan over two years from the International Monetary Fund, the Washington-based lender said in an e-mailed statement today.

“Tunisia has embarked on a moderate economic recovery while facing a challenging international economic environment and pursuing a political transition,” the IMF said in the statement. “A fragile banking sector, pressing social demands, widespread regional disparities, and high unemployment are key challenges, together with widening external and fiscal deficits.”

To contact the reporter on this story: Sandrine Rastello in Washington at srastello@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus