IMF warns Tunisia over inflation, deficit and currency

Central bank may have to hike rates further, IMF executive board says


The International Monetary Fund’s executive board completed the second review of its Extended Fund Facility with Tunisia on March 26, granting the country access to a tranche of aid worth around $257 million. 

But it warned that the country’s central bank will probably have to follow its recent sharp rate hike with further action to curb inflation. The country’s government needs to stabilise Tunisia’s fiscal position while making sure that burdens were “equitably” distributed, the IMF board

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