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  • 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 International Monetary Fund and the World Bank," Hichem Mechichi's office said in a statement. Tunisia's economy has lurched from crisis to crisis since the country's 2011 revolution, most recently due to the coronavirus pandemic and lockdown measures. The sweeping reforms economists say are needed to clean up state finances have yet to materialise. But economy and finance minister Ali Kooli said Monday the Washington delegation would carry "a prepared economic reform programme that will form the basis of the talks with the IMF." The global lender said Friday that Tunisia had officially sought a new financing programme. The crisis lender called for reforms of the North African country's public finances, institutions and wages. Mechichi's administration and the powerful UGTT trades union in March announced a new programme tackling subsidies and state firms including the cash-strapped national carrier Tunisair. Gross domestic product shrunk by 6.1 percent last year, while unemployment -- a towering challenge facing the country's successive governments -- is over 17 percent. The IMF has long demanded that Tunisian authorities scrap subsidies on goods such as bread and fuel, accessible by all, in favour of direct support to the poorest families. The agency has also called for public sector layoffs and cuts to government support for struggling public companies. ayj/pk/par/lg
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  • Tunisian ministers to visit Washington for bailout talks
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