Latest topics
The International Monetary Fund (IMF) is disbursing a $ 245 million loan to Tunisia
Page 1 of 1
The International Monetary Fund (IMF) is disbursing a $ 245 million loan to Tunisia
by RamblerNash Sun Sep 30, 2018 12:59 pm
The International Monetary Fund (IMF) is disbursing a $ 245 million loan to Tunisia
Logo of the International Monetary Fund
09/29/2018
Economy News Baghdad
The International Monetary Fund (IMF) on Friday approved a $ 245 million loan to Tunisia, the fifth tranche under a lending program signed with the Arab country in North Africa, an official source said.
The loan program is linked to Tunisia's continued economic reforms aimed at keeping the budget deficit under control. The IMF approval will pave the way for Tunisia to sell $ 1 billion in bonds next month.
Reuters quoted an official source as saying that the sale of bonds will be early next month after approval by the IMF.
Tunisia expects economic growth to accelerate to 3.0 to 3.5 percent next year from 2.9 percent expected in 2018, driven by a recovery in the tourism industry and an expansion of the agricultural sector, officials told Reuters last month.
The government aims to reduce its budget deficit to 3.9 percent of GDP next year from 4.9 percent in the deficit it expects for 2018.
Tunisia's economy has suffered a crisis since the overthrow of dictatorial President Zine El Abidine Ben Ali in 2011, with sharp increases in unemployment and inflation.
http://economy-news.net/content.php?id=13826
Logo of the International Monetary Fund
09/29/2018
Economy News Baghdad
The International Monetary Fund (IMF) on Friday approved a $ 245 million loan to Tunisia, the fifth tranche under a lending program signed with the Arab country in North Africa, an official source said.
The loan program is linked to Tunisia's continued economic reforms aimed at keeping the budget deficit under control. The IMF approval will pave the way for Tunisia to sell $ 1 billion in bonds next month.
Reuters quoted an official source as saying that the sale of bonds will be early next month after approval by the IMF.
Tunisia expects economic growth to accelerate to 3.0 to 3.5 percent next year from 2.9 percent expected in 2018, driven by a recovery in the tourism industry and an expansion of the agricultural sector, officials told Reuters last month.
The government aims to reduce its budget deficit to 3.9 percent of GDP next year from 4.9 percent in the deficit it expects for 2018.
Tunisia's economy has suffered a crisis since the overthrow of dictatorial President Zine El Abidine Ben Ali in 2011, with sharp increases in unemployment and inflation.
http://economy-news.net/content.php?id=13826
*****************
>>>TNTBS's YouTube Channel<<<
RamblerNash- GURU HUNTER
- Posts : 24273
Join date : 2015-02-19
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» AMERICA’S COLOR REVOLUTION — Brought To You By The U.S. Intelligence Community & Coming To A City Near You
» Go Russia
» I am too pretty for math, but....
» Interesting article
» Phony Tony: New Platform, same old song and dance
» The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam
» Even conspiratorial currency speculators aren’t buying a Russian ruble revalue - It’s not the next the Iraqi dinar
» The Fundamentals of Finance and Pimpy Live
» Carnival Rides
» Go Russia
» Textbook Tony
» The Rockefellers and the controllers are freaking out right about now
» Phony Tony sez: Full Steam Ahead!
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
» Russia aren't taking any prisoners
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
» CBD Vape Cartridges
» Classic Tony is back
» THE MUSINGS OF A MADMAN