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

Tunisia Meets the IMF: What's at Stake?

Girls walk past a closed souvenir shop in El Jem, amid the coronavirus disease (COVID-19) outbreak, Tunisia, May 20, 2021. REUTERS/Angus McDowall

Tunisia and the International Monetary Fund are in preliminary talks, with an eye on a potential multi-billion-dollar rescue deal for an economy plagued by recession, public debt, inflation and unemployment.

The North African nation on Monday started talks with the Washington-based crisis lender, which has called for "deep reforms" and public spending cuts.

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