IMF in loan talks with Tunisia, deal-official

By REUTERS
January 19, 2013 02:03

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

WASHINGTON - The International Monetary Fund has started negotiations with Tunisia on a loan program, while Egypt has expressed readiness to move forward on its funding talks, a senior IMF official said on Friday.

Masood Ahmed, IMF director for the Middle East and North Africa, told reporters he hoped to report progress in the talks with Tunisia by early February. Tunisia said late last year it was seeking a $2.5 billion loan from the IMF, but Ahmed said the talks were currently establishing the amount.

Meanwhile, he said Egypt was eager to move forward with its IMF loan deal and a technical team was currently in Cairo reviewing whether the authorities' economic measures were enough to deal with the country's financial challenges.

Related Content

Breaking news
August 15, 2018
IDF: Kerem Shalom crossing into Gaza to be opened fully on Wednesday

By MAARIV ONLINE