Tunisia looks to Central Bank to repay debt as economy falters

Tunisia looks to Central Bank to repay debt as economy falters
Source: Getty Images

Tunisia’s government is looking to the central bank to help repay its external debt for a second straight year, as the economy languishes after a potential International Monetary Fund bailout stalled. According to reporting by Bloomberg, the state needs to borrow as much as 7 billion dinars ($2.2 billion) from the regulator in 2025, Finance Minister Sihem Boughdiri told parliament on Monday, proposing an addendum to next year’s budget that lawmakers subsequently approved.

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to MAGHREB INSIDER.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.