The International Monetary Fund (IMF) authorised this week the disbursement of the second instalment of the loan granted to Tunisia which is worth $314.4 million (787 million Tunisian dinars).
The IMF had approved in May 2016 a $2.9-billion loan for Tunisia.
Tunisia has already received the loan’s first instalment worth $320 million as part of its economic development programme approved in May 2016.
The remaining part should be disbursed in other instalments according to the progress of the execution of the defined economic reform programme.
IMF's managing director Christine Lagarde told TAP that the Executive Board's approval to disburse $314.4 million to Tunisia is a token of support to the country and aims to encourage efforts exerted to reboot its economy and create jobs.
“We are happy to see that the phosphate activity is resuming and tourism figures are rising,” she said, adding that the international community should join forces to encourage this recovery and preserve security on the Tunisian territory, which are important and necessary steps to help create jobs for Tunisian youths.
She also pointed out that the Compact with Africa Conference, which is a German initiative that includes Tunisia among five other recipient countries, will help encourage direct investments.
The G20-Africa Partnership Conference, held June 12-13 in Berlin, aims to support private and infrastructure investment in Africa.
