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The IMF and the Tunisian authorities have reached an agreement to support Tunisia’s economic policies with a 48-month arrangement under the Extended Credit Facility (MEDC) of about $1.9 billion, the Fund says in a statement. Press release published this Saturday, October 15, 2022.
Tunisia’s new IMF-supported program aims to restore macroeconomic stability, strengthen social safety nets and fiscal fairness, and accelerate reforms that foster an environment conducive to inclusive growth and sustainable job creation .
The international community can greatly contribute to the success of the authorities’ program by quickly releasing additional funding, the Fund added. The final validation of the agreement must be done at the level of the board of directors of the fund.
