Tunisia president sacks the economy minister over statement about IMF

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Tunisian President Kais Saied on Tuesday sacked Economy Minister Samir Saied after fresh statements that a deal with the International Monetary Fund (IMF) would be vital for obtaining other foreign financing.

The president strongly opposes what he described as the dictates of the IMF, saying that the IMF is "not sacred" and its conditions will lead to protests.

Tunisia last year reached a staff-level deal with the IMF for a $1.9 billion loan, but it has already missed key commitments and donors believe the state's finances are increasingly diverging from the figures the deal was based on.

 

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