Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

IMF reaches EFF agreement of $1.9bln with Tunisia

  • By Al Mayadeen English
  • Source: Al Mayadeen English + Agencies
  • 16 Oct 2022 00:09
3 Min Read

The agreement now pends the approval of the IMF's Executive Board set to meet in December.

  • x
  • IMF agreement with Tunisia for $1.9 billion loan, pending approval
    IMF agreement with Tunisia for $1.9 billion loan, pending approval

In a statement released today Saturday, the IMF announced reaching an agreement with Tunisia to support its economy with $1.9 billion.

"IMF staff and the Tunisian authorities have reached a staff-level agreement to support Tunisia's economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about US$1.9 billion," the IMF stated.

The Tunisian authorities met in Washington with an international IMF team, led by Chris Geiregat and Brett Rayner from October 10 to October 15 to "continue discussions on IMF support for Tunisia and the authorities’ comprehensive economic reform program."

Read more: Saied receives Polisario chief, Morocco summons ambassador to Tunisia

In a statement following the discussions, Geiregat and Rayner announced that "the Tunisian authorities and the IMF team have reached a staff-level agreement on the economic policies and reforms to be supported by a new 48-month Extended Fund Facility (EFF) with requested access of SDR 1.472 billion (equivalent to about US$1.9 billion)," adding that the "final agreement on the arrangement is subject to approval of the IMF's Executive Board, which is scheduled to discuss Tunisia’s program request in December."

Related News

Tunisia lawyer critical of president receives two-year prison sentence

Tunisia court sentences top Nahda figure to up to 10 years in prison

It's noteworthy that Tunisia has been witnessing a major political crisis since July 25, 2021, when Tunisian President Kais Saied dismissed the Prime Minister and suspended the parliament, which was then chaired by Ennahda's leader Rached Ghannouchi, before dissolving it.

Thousands of supporters from leading opposition parties demonstrated in Tunisia's capital, Tunis, on Saturday to protest President Kais Saied's policies and demand his resignation, while blaming him for the deteriorating economic and social conditions in the country.

Read more: Tunisian opposition to boycott December parliamentary elections

The two principal opposition parties, namely the National Salvation Front and the Ennahda Movement, roamed the principal streets of the capital city, Tunisia, in protest of the President's economic policies.

#Tunisia : Thousands protesting in the capital this morning against Kais Saied's one-man rule.#Tunisie #Tunisia#Tunesien #تونس pic.twitter.com/bRCSv1lKVt

— TUN Anti-Coup (@BillJoh04134087) October 15, 2022

Saied amended the country's constitution and electoral law, and parliamentary elections are scheduled for the end of the year to elect a new parliament with limited powers.

In most of his speeches, the Tunisian President often stresses that his policy is "a correction of the revolutionary path."

  • Tunisian President Kais Saied
  • Tunisia
  • US
  • IMF loan

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemen Navy sinks ETERNITY C ship, shares footage of operation

Yemen Navy sinks ETERNITY C ship, shares footage of operation

  • Politics
  • 9 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
The Freedom Flotilla ship Handala as it departs for Gaza, where it aims to break the maritime blockade at a port in Syracuse, Sicily in southern Italy on July 13, 2025. (AFP)
Palestine

Freedom Flotilla's Handala departs Sicily in bid to break Gaza siege

The container ship CMA CGM Laperouse, left, docks at the Georgia Ports Authority's Port of Savannah, Sept. 29, 2021, in Savannah, Ga (AP)
Politics

US shipbuilding woes deepen as tariffs, outdated policies backfire

Gaza war raises ethical questions for ex-Obama, Biden officials
Politics

Mercenary firm tied to Gaza war crimes hires Obama-Biden PR operatives

'Israel' targets children in Gaza collecting water
Palestine

'Israel' strikes Gaza kids fetching water, blames it on 'malfunction'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS