Tunisia
is likely to sell stakes in three state-owned banks this year and cut up to
10,000 public sector jobs as part of reforms demanded by the International
Monetary Fund (IMF), which has postponed the payment of the second tranche of a
loan, the finance minister said.
Six years after its 2011 pro-democracy uprising, Tunisia is struggling to make economic progress. Last June, the IMF released the first tranche of a loan worth $320 million.
Finance Minister Lamia Zribi told Reuters in an interview a second payment had not been made.
http://www.reuters.com/article/us-tunisia-economy-idUSKBN16508T
Six years after its 2011 pro-democracy uprising, Tunisia is struggling to make economic progress. Last June, the IMF released the first tranche of a loan worth $320 million.
Finance Minister Lamia Zribi told Reuters in an interview a second payment had not been made.
http://www.reuters.com/article/us-tunisia-economy-idUSKBN16508T
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