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Tunisia needs targeted reforms to stabilise economy and put public finances on sustainable path

“Tunisia clearly needs urgent and targeted economic reforms to stabilise the economy and put public finances on a sustainable path. The goal is to create a climate conducive to job creation and allow for more sustainable growth,” Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva said Wednesday.

Georgieva was responding to a question from TAP news agency on the new negotiations with Tunisia at an online press briefing as part of the 2021 Annual Meetings of the World Bank Group and the IMF.

“We have already been engaged at the technical level and have provided development capacity to support the Tunisian authorities, so that we can work together for a country program and on the amplification of priority actions that can help Tunisia to cope, among other things, fiscal pressures as we do with other countries,» she added.

Georgieva also said “the IMF is looking forward to hearing from the Tunisian authorities their priorities and economic policy, for an eventual lending programme,» added the Managing Director.

The Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund (IMF) began on Wednesday under the theme “Ending the pandemic: The Road to an Inclusive Recovery.»

Tunisia is represented by the Central Bank of Tunisia (BCT) at these meetings which are held for the second consecutive time in virtual format, because of the COVID-19 pandemic.

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