Blinken warns of Tunisia's economic collapse without IMF deal

AFP , Wednesday 22 Mar 2023

US Secretary of State Antony Blinken warned Wednesday that Tunisia urgently needs to reach a deal with the International Monetary Fund (IMF), adding to dire EU warnings about the country's future.

Secretary of State Antony Blinken
Secretary of State Antony Blinken speaks during a hearing of the Senate Appropriations Subcommittee on State, Foreign Operations, and Related Programs to examine proposed budget estimates and justification for fiscal year 2024 for the Department of State, Wednesday, March 22, 2023, on Capitol Hill in Washington. AP


"The most critical thing they can do on the economic side is actually get an IMF agreement," Blinken said in response to a question at a Senate hearing.

"We would strongly encourage them to do that because the economy risks falling off the deep end," he said.

Tunisia has been struggling under mounting debt and rising prices worsened by Russia's invasion of Ukraine. It reached an agreement in principle in mid-October for a nearly $2 billion package from the International Monetary Fund.

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