France Calls For Talks between Tunisia and IMF

The French Foreign Ministry has called for a resumption of discussions between the Tunisian authorities and the International Monetary Fund, IMF with a view to reaching a final agreement.

In mid-October, the Washington institution reached an agreement with the Tunisian government to allow the release of a payment of 1.9 billion dollars to help Tunisia face serious economic difficulties.

However, the aid, which was to be disbursed in instalments starting in December, has not yet been approved by the IMF board.

The ministry of foreign affairs has learned “with concern the postponement of the examination of the file of Tunisia by the IMF board,” the spokesman for the Quai d’Orsay, Anne Legendre said in a statement.

In return for the IMF loan, the government has committed to reforms including a gradual lifting of state subsidies for basic products (food and energy) and a restructuring of public companies that have a monopoly in many sectors.

Paris recalls the need to engage “without delay” the reforms necessary for the stability and prosperity of the country, reacted Anne Legendre.

In addition, France has taken “note of the preliminary results and the low level of participation” in the first round of the Tunisian legislative elections.

Report says the legislative elections were marked on Saturday by a record abstention (over 90%), a slap in the face for President Kais Saied, whose opposition is calling for his departure.

AFRICANEWS/Christopher Ojilere