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
Commander-in-Chief of Iran’s Islamic Revolution Guard Corps, Major General Mohammad Pakpour: If the enemy makes a mistake, we will respond forcefully, just as we have over the past 12 days
Macron: Reaffirmed importance of using the path of negotiations regarding Iran's nuclear capabilities
Macron: Told 'Israel's' Netanyahu that he shares with him the objective that Iran should never have nuclear weapon
Macron: Reaffirmed to 'Israel's' Netanyahu the need for ceasefire in Gaza
Macron: Spoke to Netanyahu, highlighted mportance of respecting 'Israel'/Iran ceasefire
Iranian Health Ministry: Israeli aggression on Iran has resulted in the martyrdom of 627 people and the injury of 4,870 others across various provinces of the country
Khatam al-Anbiya Headquarters mourns its commander, Ali Shadmani, who succumbed to severe wounds sustained during last week's Israeli aggression on Iran
Hamas: Any agreement must guarantee a cessation of aggression and war against our people, a permanent ceasefire, and a complete withdrawal of occupation forces from the Gaza Strip
Hamas: We affirm our continued positive engagement with the mediators' efforts and with any serious ideas or proposals that could lead to a comprehensive agreement
US President Donald Trump: US will talk with Iran next week

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

Tunisia: Election commission confirms Kais Saied’s second term win

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

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
Iranian worshippers carry their country's flags in a protest to condemn Israeli attacks on multiple cities across Iran, after the Friday prayers ceremony in Tehran, Iran, Friday, June 20, 2025. (AP)

Iran warns of NPT withdrawal, Strait of Hormuz closure after US attack

  • Politics
  • 22 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli army vehicles are seen during an invasion in the West Bank city of Jenin, Tuesday, March 11, 2025
Politics

Israeli military faces key weaponry shortages: NBC News

Rutte raises eyebrows by calling Trump 'the Daddy' at NATO summit
Politics

Rutte causes stir calling Trump 'Daddy' at NATO summit

Tedros Adhanom Ghebreyesus, the WHO Director General, delivers his speech after inaugurating the WHO Academy campus which promotes lifelong learning across the health sector, Tuesday, Dec. 17, 2024 (AP)
Politics

Over 40, including children, killed in Sudan hospital attack: WHO

Trump and Hegseth cast doubt on damage to Iran’s nuclear sites
Politics

Trump, Hegseth admit inconclusivity over Iran nuclear damage

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