Tunisia should get some IMF funds before reforms: Italy ...Middle East

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Tunisia should get some IMF funds before reforms: Italy
ROME: Italian Foreign Minister Antonio Tajani said Thursday that the International Monetary Fund (IMF) should approve an initial, unconditional bailout package for Tunisia, with further payments dependent on reforms.Tunisia reached a deal in principle in October with the IMF for nearly $2 billion to shore up its sinking economy but the bailout still needs approval by the IMF board, which is pressing for reforms, primarily on the economy.“Our proposal is to start financing Tunisia through the Monetary Fund, and deliver, after a first tranche, a second tranche as the reforms proceed,“ Tajani said after a meeting with his Tunisian counterpart, Nabil Ammar.“But not utterly conditional on... the

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