IMF deal crucial for Tunisia, says economy minister


Reuters | Tunis | Updated: 01-04-2022 18:29 IST | Created: 01-04-2022 17:56 IST
IMF deal crucial for Tunisia, says economy minister
Representative image Image Credit: ANI
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  • Tunisia

Tunisia needs a deal with the International Monetary Fund (IMF) if it is to regain confidence among international lenders, n economy minister Samir Saied said on Friday.

The North African nation is in the midst of its worst financial crisis and is in talks with the IMF for a financial rescue package that would require Tunisia to implement unpopular reforms including wage freezes and reduced subsidies.

A reform package was rejected by the powerful UGTT labor union UGTT, which also threatened a general strike. (Reporting By Mohamed Argoubi and Tarek Amara Editing by David Goodman)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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