Tunisian governor warns IMF aid is needed to stop ‘explosion’

Abassi tells lawmakers to accept tough reforms or face “Venezuelan scenario”

Marouane El Abassi
Marouane Abassi
Kamel Agrebi/photoline-digital.com

Tunisia’s central bank governor warned parliament it should accept tough conditions needed to secure another International Monetary Fund loan or face an “explosion”.

Marouane Abassi strongly advised parliament to support prime minister Hichem Mechichi’s proposal to secure a IMF loan in return for economic reforms. The prime minister has submitted a plan to the IMF proposing to make big reductions in spending on state-owned enterprises and public employees’ wages.

Tunisia’s government formally

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