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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

IMF Says Ready to Begin Aid Talks with Tunisia

International Monetary Fund logo is seen outside the headquarters building during the IMF/World Bank spring meeting in Washington, US, April 20, 2018. REUTERS/Yuri Gripas/File Photo

The International Monetary Fund is set to begin formal talks on a new financial aid package for Tunisia, to help the North African nation deal with the dire economic situation, an IMF official said Wednesday.

The country has been in preliminary discussions with the global lender for a new loan to save an economy ravaged by years of high unemployment, inflation and public debt even pre-dating its 2011 revolution, AFP said.

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