Tunisia-IMF satisfied with Tunisian file and considers its program feasible

The Tunisian Minister of the Economy, Ali Kooli, met with his delegation composed of BCT Governor, President of UTICA and the Tunisian Ambassador in Washington, with IMF representatives in Washington, including, in particular, Antoinette SAYEH, the DGA.

Several meetings took place on May 3 and 4 between the two parties and dealt with the file submitted by Tunisia to acquire financing from the IMF. The Tunisian delegation gave a summary of the critical economic situation in Tunisia, in special with the fallout from the COVID-19 pandemic, and introduced its project which rotated around significant reformations touching public enterprises, the system of state subsidies. , control of the wage bill, tax policy towards better equity, as well as the improvement of measures to encourage investment.

For their part, IMF officials expressed their satisfaction with the file and the reforms outlined therein, as well as the probability of these reforms, and the fact that it was made in coordination with the different parties, in particular. national organizations. They nonetheless insisted on the necessity to fix a timetable for this program and to guarantee that it was adhered to as scrupulously as possible.