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.”
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