The IMF calls on Tunisia to accelerate the implementation of the

The International Monetary Fund (IMF) has called on Tunisia to take decisive action this year to combat inflation and reduce the fiscal deficit to provide more economic opportunities for Tunisians. In a statement issued today, following a visit by a team to Tunisia, the IMF said three priorities should be implemented in the near term to support the budget: reducing energy subsidies, reducing public sector wages and adopting a pension reform bill to enhance the financial sustainability of the security system Social development. The report concluded that the economic risks became more pronounced in Tunisia, where inflation reached 7.7% in April, the highest level since 1991, and the growth of monetary and credit indicators quickly, which will lead to higher prices in the coming months. The IMF mission also showed signs of recovery in the first quarter of the year, with economic growth at 2.5%, the highest since 2014, based on improved agricultural production and exports. The current account deficit also declined slightly due to increased exchange rate flexibility and inflows from foreign direct investment also increased. A team of International Monetary Fund (IMF) experts concluded a half-month evaluation visit to Tunisia during which he briefed the Tunisian authorities on Tunisia's four-year economic reform program. With the completion of the review and the reforms provided, Tunisia has access to about US $ 257 million, bringing Tunisia's total disbursement in four years to about US $ 1.2 billion.

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