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TUNISIA

Tunis goes quiet as IMF aims to resume talks

The Bretton Woods lender hopes to begin talks over a new loan next month, but the Tunisian government has held no preparatory meetings and continues to take on new debt from commercial banks. [...] (381 words)

Issue dated 31/08/2021 Reading time 2 minutes

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Business

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TUNISIA
Ali Kooli
Banque internationale arabe de Tunisie
Central Bank of Tunisia
Covid-19
Hichem Mechichi
International Bank for Reconstruction and Development
International Monetary Fund
Jérôme Vacher
Mabrouk
President Kais Saied
Sihem Boughdiri Nemsia
World Bank

IDB throws its weight behind Tunis's African exports drive

Tunisia is being shunned by most major international lenders, but it can still rely on the Islamic Development Bank, which continues to back projects in the country. The institution, whose largest single contributor is Saudi Arabia, intends to push trade development with the rest of the continent.

TUNISIA Business 11/01/2022

Hassan Bedhief, economic adviser to Kaïs Saïed, has handed in his resignation

At the Tunisian presidency, the departures are coming thick and fast. However, the resignation of Hassan Bedhief, economic adviser to Kaïs Saïed, was not supported by head of the cabinet Nadia Akacha.

TUNISIA Finance Diplomacy 22/11/2021

Ministers squabble over negotiations with the IMF and donors

The resumption of negotiations between Tunisia and the IMF saw the Secretary of State in charge of international cooperation, Aida Hamdi, sidelined in favour of the Minister of Economy, Samir Saied, who has now taken over this project.

TUNISIA Diplomacy 18/10/2021

Tunis chooses Aida Hamdi to steer bailout with IMF and World Bank

A graduate of ENA specialising in administrative reform and finance, junior aid minister Aida Hamdi will be responsible for dealing with the country's international financial backers.

Secretary of State for International Cooperation Aida Hamdi.

TUNISIA Diplomacy 07/09/2021

Mustapha Nebli in place to improve relations between EU and Carthage

Faced with the extension of the state of emergency ordered by Kaïs Saïed, the European Union is intensifying its meetings. In Carthage, newly promoted diplomatic adviser Mustapha Nebli has been given the job of providing reassurance.

TUNISIA Politics 22/06/2021

Negotiations with IMF for $4bn loan still at an impasse

Neither President Kaïs Saïed nor the government of Hichem Mechichi have so far managed to come up with a reform plan which meets the conditions imposed by the IMF for granting a $4bn loan. In any case, the loan would barely enable Tunisia to cover its upcoming payment deadlines.

TUNISIA Politics 14/05/2021

No solution for budget crisis as Mechichi is cold-shouldered by IMF and Ghannouchi by Doha

Having failed to present a structural reform plan to the International Monetary Fund, Prime Minister Hichem Mechichi is unlikely to get any new budgetary aid in the short term. Parliamentary speaker Rached Ghannouchi, meanwhile, has been unable to obtain support from his allies in Qatar.

In Focus

TUNISIA Politics 29/03/2021

Tunis tries to defuse its debt bomb to avoid going into default

Tunisia, which has been given an official warning by the IMF and had its credit status downgraded by the ratings agencies, is struggling to cope with an external debt which currently stands at close to 100% of its GDP and is weighing heavily on its finances.

TUNISIA Finance Business 04/03/2021

Mabrouk brothers, financial backers to the state with BIAT

Without Banque Internationale Arabe de Tunisie (BIAT), co-owned by Mohamed Ali, Ismaïl and Marouane Mabrouk, finance minister Ali Kooli would not have been able to balance his budget. At the same time, Marouane Mabrouk wants to close the chapter on the seizure of his 51% share in Orange Tunisie.

Set up email notifications for these topics

TUNISIA
Ali Kooli
Banque internationale arabe de Tunisie
Central Bank of Tunisia
Covid-19
Hichem Mechichi
International Bank for Reconstruction and Development
International Monetary Fund
Jérôme Vacher
Mabrouk
President Kais Saied
Sihem Boughdiri Nemsia
World Bank

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