Fast NewsThe heavily-indebted North African nation seeks a two billion dollar loan from the global lender, says a source with knowledge of the preliminary talks. Tunisia's economy has been ravaged by years of high unemployment, inflation and public debt even pre-dating its 2011 revolution. (Reuters Archive)The International Monetary Fund is sending a team to Tunisia next week to begin formal talks on a new financial aid package. "An IMF mission will be in Tunis from July 4 to initiate negotiations on an IMF-supported program," an IMF spokesperson told AFP news agency on Friday. It is seeking a two-billion-euro loan, according to a source with knowledge of the preliminary talks.

Source: The North Africa Journal July 02, 2022 08:23 UTC