Connect with us

Hi, what are you looking for?


IMF backs Tunisia’s $4bn loan bid amid protests

David Bamford BBC World Service News

The International Monetary Fund (IMF) has expressed support for a wide-ranging but controversial economic reform programme being implemented by the government in Tunisia.

The country is facing a severe economic crisis and is asking for a $4bn (£3.2bn) loan.

Jihad Azour, the IMF’s Middle East director – after meeting President Kais Saied in Tunis on Wednesday – said he liked the reform plan and that the IMF was ready to discuss a loan.

The plan includes freezing wages, stopping recruitment in the public sector and cutting energy and food subsidies.

But there have been big protests and Tunisia’s powerful trade union movement has called nationwide strikes.

The president has already suspended parliament and sacked his entire cabinet.

He says he needs even more powers to better steer the country – his opponents say that amounts to a coup against democracy.

You May Also Like


Three commissioners from Kenya’s election board announced their resignation from the body on Monday, citing failure of the body’s leadership and dysfunction in the...


Quartz Africa  MUCH like her mother would have at activists’ funerals during the apartheid era, Zenani Mandela-Dlamini allowed her righteous anger to lead her tribute...


No fewer than 6,600, athletes and team officials from 71 countries are expected to take part in 275 events at the 21st Commonwealth Games...


South Africa has recalled its ambassador to Israel following a bloody crackdown on Palestinian protesters by Israel forces that left at least 55 dead...