Economy

Tunisia-Moez Joudi: IMF to unlock $ 2 billion in Tunisia from this date

Speaking to Tunisie Numérique, Economist Moez Joudi remarked on the recent statements by the director of the International Monetary Fund (IMF) regarding the agreement with Tunisia.

Joudi estimated, that the agreement with the IMF has taken a long time, and this delay has extremùy weighed over Tunisia and made it live in a difficult situation.

He clarified that this situation also impacted other international financiers, who declined to finance the state, which prompted the country to turn to inner funding, which has undergone extreme levels and which caused large Difficulties in terms of liquidity, and even the financing of imports has become challenging, according to him.

Our interlocutor also pointed out that these agreements with Tunisia were formerly signed more quickly, adding that the agreement with the International Monetary Fund will not surpass the end of this year, and it is likely that it will be completed at the end of this month or next month.

The economist added that the agreement will not relate to the same amount asked by the Tunisian authorities, which amounts to $ 4 billion, but will be less than half of this amount, $ 2 billion.

And to indicate that the conclusion of an agreement with the International Monetary Fund will encourage other financiers and lenders to fund Tunisia, but these funds will not be in the required quantity and quality that Tunisia needs, particularly after the Reduction of its rating to international rating agencies.

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