Business & Economy Bound

Tunisia: IMF “ready to help” but in no hurry. Painful reforms aheadF

The IMF stands "ready" to offer Tunisia an aid package to deal with the current financial crisis, a fund official said Thursday.  However, there is "no timeline" for finalizing an agreement, spokesman for the International Monetary Fund Gerry Rice told reporters.The...

Tunisia: Tourism sector continues downward crash, revenues in 1Q less than half last year’s ($)F

Tourism receipts in Tunisia have experienced a considerable decline of 55% year over year in the first four months of 2021, compared to the same period in 2020. The Covid-19 pandemic which forced tourists out of the country, has led to the collapse of the industry. ...

Tunisia looking for an IMF bailoutF

Tunisia will send a delegation to Washington this week to seek global financial support for an economic reform programme, the prime minister's office said Monday. "A government team will head to Washington at the end of this week for a series of meetings with the...

Libya: Central Bank-Oil Company feud forces shut down of oil exports from Port of HarigaF

Libya's National Oil Corporation said crude exports have been suspended from one of the country's top terminals following the central bank's "refusal" to release budget funds. Strife-torn Libya's energy sector has sprung back to life since a ceasefire deal between...

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