Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2

Tunisia's govt seeks deal with IMF in 1st qtr of 2022 -central bank governor 09/12/2021 22:51 - RSF
TUNIS, Dec 9 (Reuters) - Tunisia's central bank Governor Maroaune Abassi said on Thursday the government hopes to reach an agreement with the International Monetary Fund in the first quarter of next year on a rescue program.

He added the agreement with the IMF will be a very good sign that Tunisia will start its reforms and could push growth.

The Finance Minister Sihem Boughdiri said in an economic conference that Tunisia is far from rescheduling its debts within the Paris Club, despite the financial difficulties.

(Reporting By Tarek Amara Editing by Chris Reese)
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Tunisia says foreign currency reserves allow it to pay foreign debts 10/12/2021 10:08 - RSF
TUNIS, Dec 10 (Reuters) - Tunisia's foreign currency reserves enable it to pay its foreign debts, which it is keen to do, Prime Minister Najla Bouden said on Friday.

She added that the government started preparing a draft in order to reach a deal with the International Monetary Fund (IMF) that will send positive signals to partners and allow for an improvement in the credit rating.

(Reporting by Tarek Amara; Editing by Andrew Cawthorne)
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UPDATE 1-PM says Tunisia is keen to fulfil foreign debt obligations 10/12/2021 11:50 - RSF
(Adds details, changes dateline)
By Tarek Amara
SOUSSE, Tunisia, Dec 10 (Reuters) - Tunisia will continue to fulfil its foreign debt obligations and has started preparatory work for an IMF deal, Prime Minister Najla Bouden said on Friday, as talk of a possible default swirls among local and foreign analysts.

Her comments echo those of Finance Minister Sihem Boughdiri who said at an economic conference on Thursday that Tunisia was far from rescheduling its debts within the Paris Club, despite its financial difficulties.

"The Tunisian state is keen and will continue to fulfil its foreign debt obligations due to Tunisia's foreign currency reserves level," Bouden told an economic conference in Sousse.

Tunisia facing its worst economic crisis after its economy contracted 8.8% last year and the fiscal deficit reached a record 11.4%.

Economists have warned that Tunisia’s foreign currency reserves will decline significantly with the debt repayments, hurting the value of the local dinar currency.

Central bank figures showed on Friday that foreign currency reserves had reached 7.02 billion, the equivalent of 119 days of imports.

The North Africa country resumed talks last month with the International Monetary Fund on a loan package predicated on Tunis imposing painful and unpopular reforms.

Bouden told the conference the government had started preparing an advanced draft in order to reach a deal with IMF that will send positive signals to partners and allow for an improvement in its credit rating.

Central bank Governor Maroaune Abassi said on Thursday the government hoped to reach an agreement with IMF in the first quarter of next year on a rescue programme.

($1 = 2.8778 Tunisian dinars)

(Reporting by Tarek Amara; Editing by Andrew Cawthorne and Alison Williams)
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