Tunisia Eyes IMF Deal in April as Insolvency Speculation Swirls
- Concerns country running out of money ‘alarmist’: minister
- Central bank meeting to set interest rates on Wednesday
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Tunisia hopes to reach a crucial deal with the International Monetary Fund in April, the finance minister said Wednesday, rejecting speculation that the nation faces imminent bankruptcy.
“The situation is difficult,” Sihem Boughdiri Nemsia said in an interview with broadcaster Shems FM. “Authorities are trying to stabilize the economy,” she said. Concerns over insolvency are however “alarmist,” and authorities can afford to pay public-sector wages for the coming months.