Tunisia Official Says No IMF Visit Due Amid Warnings on Economy

Tunisia is participating in the International Monetary Fund’s annual meetings, but there are no imminent visits planned by the lender to the North African country, a central bank official said, a day after a state-owned TV channel reported a delegation was due, Bloomberg News reported. Reporting Managing Director Kristalina Georgieva’s Wednesday comments on Tunisia’s troubled economy, Wataniya 1 said they came “on the eve of the visit of a delegation from the International Monetary Fund to Tunisia on a week-long mission to discuss the possibilities of resuming negotiations” on assistance. Tunisia is in continuous contact with the IMF and the central bank governor is taking part in the current annual meetings with the lender, but no such visit is planned, the official said. Tunisia is battling long-standing economic troubles and has been mired in a fresh political crisis since late-July, when President Kais Saied suspended parliament, assuming more powers and later appointing a new premier. The central bank last week voiced concern over the “acute” drying up of foreign financing and the sustainability of public debt. Read more.