VOL. XXXNO. 510-NOVEMBER-1986
Financial and Banking News
BUDGETS AND REVENUES
Tunisia Gets $259mn IMF Facility
The IMF formally announced last week its approval for a $259mn compensatoryfinance facility for Tunisia. The loan is to make up for lower oil prices, andis conditional upon a liberalization of domestic economic controls andanti-inflationary measures. $136mn of the amount is available immediately, whilethe remainder is to be disbursed over the next 18 months.