• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, August 8, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Tunisia needs IMF’s support to get EU’s $1bn loan

IMF

The Matters Press by The Matters Press
July 17, 2023
Reading Time: 1 min read
0
Economists Challenge IMF on call for further VAT increase in Nigeria

Brussels, July 17, 2023: The European Union could still lend Tunisia’s battered economy 900 million euros (1.0 billion U.S. dollars), an EU official said on Monday.

RELATED POSTS

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

National Single Window initiative, a major step for efficient cross-border trade – TMSG

‎Group celebrates 45% increase in federal revenue in just one month

But further talks will be in the third quarter and depend on a deal with the International Monetary Fund (IMF).

Talks on a 1.9 billion U.S. dollars IMF loan have been stalled since October after President Kais Saied rejected terms including subsidy cuts and a reduction in the public wage bill.

“Macro assistance is still on the table but this needs to meet IMF conditions,” said the EU official with knowledge of the negotiations.

Tunisia is on the edge of a major debt crisis and is suffering from shortages of essential goods.

Most debt is internal but there are foreign loan repayments due later this year, and credit ratings agencies have said Tunisia may default.

On Sunday, the European Commission Chief, Ursula von der Leyen said the bloc will allocate 100 million euros (112.36 million U.S. dollars) to Tunisia as part of a strategic partnership deal.

The deal is to combat human trafficking and promote investment and trade.

Tags: IMFTunisia
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Nigeria’s Dangote refinery will cut Africa’s petrol import by 36%
Economy/Technology

‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

July 25, 2025
Next Post
Tinubu denies manipulating NASS

Tinubu reviews palliatives, N8,000 cash transfer

East Africa braces for pain at the pump as Riyadh cuts production

Nigerians worry over further hike in petrol pump price

Recommended Stories

Experts seek implementation of economic development plans

Industrial hubs critical in growing Nigeria’s economy — FIRS

October 2, 2022

Nigeria needs to moderate new borrowings, ensure debt sustainability

November 17, 2022
Vlisco, Dutch clothes firm to invest $200m in Nigeria

Nigeria to upscale ease of doing business policy

January 21, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG
  • ‎Group celebrates 45% increase in federal revenue in just one month

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us