{"id":462591,"date":"2018-10-09T10:55:30","date_gmt":"2018-10-09T09:55:30","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=462591"},"modified":"2018-10-09T10:55:30","modified_gmt":"2018-10-09T09:55:30","slug":"imf-releases-fifth-installment-of-tunisia-loan","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/10\/09\/imf-releases-fifth-installment-of-tunisia-loan\/","title":{"rendered":"IMF releases fifth installment of Tunisia loan"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The International Monetary Fund (IMF) approved Friday, September 28, the payment of the fifth tranche of the loan to Tunisia, loan approved in May 2016 as part of its economic program.<\/p>\n<p>This is a new $ 245 million envelope, out of a total of about $ 2.9 billion. Tunisia receives, with this tranche, $ 1365 million of the total loan. The remainder is to be paid in installments according to the progress of the implementation of the defined economic reform program.<\/p>\n<p>This IMF approval will also pave the way for the sale of $ 1 billion bonds next month. It will also enable the country to achieve economic growth of up to 3.5% in 2019 against 2.9% last year.<br \/>\nA relief for the Tunisian authorities since the two parties seemed to disagree, a few weeks ago, on the date of payment of said tranche. The Bretton Woods institution had reservations about the critical economic situation in which the country is located.<br \/>\nAccording to the statement, the IMF urged Tunisia to reduce its budget deficit and increase its fuel and electricity bills to offset the rise in oil prices, which compromises the already overburdened public finances.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) approved Friday, September 28, the payment of the fifth tranche of the loan to Tunisia, loan approved in May 2016 as part of its economic program. This is a new $ 245 million envelope, out of a total of about $ 2.9 billion. Tunisia receives, with this tranche, $ 1365<\/p>\n","protected":false},"author":533179,"featured_media":462593,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12046,12008],"tags":[12100,12922],"class_list":{"0":"post-462591","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"category-stock-exchanges","9":"tag-imf-en","10":"tag-tunisia","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IMF releases fifth installment of Tunisia loan - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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