IMF Approves $1.74Bn Reform Loan For Tunisia
The IMF on 7 June approved a two-year standby arrangement of SDR1.146bn ($1.74bn) with Tunisia to support the latter’s economic reform program over 2013-15. This aims to strengthen the country’s fiscal and external buffers and foster higher inclusive growth. The IMF said that $150.2mn “is available for immediate disbursement, and the remaining amount will be phased in over the duration of the...
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