Economics
Tunisia Reaches Out to Gulf Nations as Economic Woes Deepen
- Tunisia in ‘very advanced’ talks with Saudi Arabia, UAE
- Discussions also ongoing with the International Monetary Fund
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Tunisia is in “very advanced discussions” with Saudi Arabia and the United Arab Emirates for sorely needed financial aid and talks with the IMF are ongoing, a central bank official said, as the nation’s political crisis weighs on already dire economic ills.
An agreement with the two Gulf states may be reached soon, the head of financing and foreign transactions at the Tunisian regulator, Abdelkarim Lassoued, said Saturday in a phone interview. He didn’t give details on the amount of aid being discussed.