Tunisia, IMF ‘Very Close’ to Loan Deal, Fund Official Says

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Tunisia and the International Monetary Fund are “very close” to a $1.75 billion precautionary credit line, a deal the government says is key to helping buoy the nation’s economy, according to a Fund official.

Talks will continue in the “coming days,” Amine Mati, head of the IMF mission to Tunisia, told reporters today in Tunis. There may be an agreement in late May, he said, adding the Fund “did not impose reforms on Tunisia.”