Governor of the Central Bank, Marouane El Abassi, confirmed that discussions with the International Monetary Fund (IMF) were continuing and the Tunisian file would soon be included in the meetings of its board of directors to reach a final agreement.
Abbasi said the postponement of the review of the Tunisian file is due to the fact that the IMF was waiting for the promulgation of the Finance Act and the revision of Law No. 9 of 1989 on the governance of state enterprises.
He stressed that the staff-level agreement is in itself a success and has improved Tunisia’s sovereign rating.
Tunisia has reached a staff-level agreement with the International Monetary Fund on a new 48-month Extended Fund Facility with requested access of $ 1.9 billion during the month of October after negotiations launched since May. The IMF Board was to consider the Tunisian request on December 19, but it was unscheduled.