Tunisia says talks with IMF positive, committed to paying debts

05/11/2022

Less than a minute

2022.05.11 19:32

Tunisia says talks with IMF positive, committed to paying debts
FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas

TUNIS (Reuters) – 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.

($1 = 3.0812 Tunisian dinars)

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05/11/2022

Less than a minute