Tunisia’s decision to snub IMF deal is both reckless and bizarre

Outlet: Arab News

Language: English

Abstract: President Kais Saied's rejection of IMF-mandated economic reforms, despite Tunisia's dire financial situation, could lead to a cascade of socioeconomic challenges. Saied's refusal to accept IMF assistance jeopardizes Tunisia's ability to manage its fiscal deficit, control inflation, and secure external funding. The decision exacerbates tensions with labour unions and political opposition, raising the spectre of increased social unrest. Without reforms, Tunisia risks economic collapse and potential regional instability, making Saied's move both confounding and reckless.

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