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US and Italy tell Tunisia to go for IMF bailout: Offer additional bailout

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US Secretary of State Antony Blinken called on Tunisia to accept an IMF reform plan in order to avoid economic collapse. While addressing the press along with his Italian counterpart Antonio Tajani in Washington DC, the US Secretary of State observed that Tunisia needed more help to avoid plunging into an economic crisis

US Secretary of State Antony Blinken called on Tunisia to accept an IMF reform plan in order to avoid economic collapse. While addressing the press along with his Italian counterpart Antonio Tajani in Washington DC, the US Secretary of State observed that Tunisia needed more help to avoid plunging into an economic crisis. He called on the Northern African country to present a revised reform plan to the IMF to act on. In the meantime, his Italian counterpart Tajani observed that stability and peace in the Mediterranean region were possible only with Tunisia and Libya progress to get over the looming economic crisis.

Tunisia is holding difficult talks with the IMF to obtain a new loan of US$2 billion.  President Kais Saied is refusing to accept the reforms advocated, which include restructuring more than 100 heavily indebted public companies and lifting state subsidies on certain basic products.

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As reported by www.trendanfrica.com, President of the European Commission Ursula von der Leyen and the Prime Ministers of Italy, Giorgia Meloni, and the Netherlands, Mark Rutte, offered Tunisia macroeconomic assistance close to one billion Euro to complement the IMF assistance of US$ 2 billion. But Tunisia is refusing to accept the deal and is reportedly playing some theatrics to make good the racial utterances of President Kais Saied, who spoke against the migrants in Tunisia from Sub-Saharan Africa as reported by www.trendsmafrica.com. This led to the fleeing of many from Tunisia, especially students pursuing their studies in Tunisia.