Tunisia-Aram Belhadj: It’s time to begin new negotiations with IMF

Doctor of Economics Aram Belhaj remarked on the increase in foreign currency assets to 117 days of imports against 114 days on the same date last year. He believed this level was “a positive indicator” which could boost the import of strategic products and enhance the value of the Tunisian dinar.

Nevertheless, according to Aram Belhadj, the increase in foreign currency assets should not mask the problems linked to the financing of the budget, the rise in prices, the decline of purchasing power and the absence of the necessary reforms.

“It is the ideal time to begin new negotiations with the International Monetary Fund (IMF) on the basis of a new reform program, especially with respect to the compensation system, taxation and public enterprises”, emphasizes Aram Belhadj.