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Wednesday, February 5, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Hopes of reaching an agreement with the IMF push Tunisia’s bonds up

Tunisian dollar-denominated bonds due 2025 were the biggest gainers, rising as much as 2.3 cents to hit a one-month high of just over 53 cents, according to Tradeweb data, and bonds denominated in euros rose up to 1.6 cents.

Hopes that Tunisia will soon reach an agreement with the IMF have been given a strong boost by statements by US Ambassador to Tunisia Joey Hood, who said during his meeting on Tuesday with Tunisian Minister of Social Affairs Malik Al- Zahi, that his country is ready to support Tunisia, and to work to reconsider the terms of the approval. on file with the International Monetary Fund

This statement coincided with a visit by a US Congressional delegation to Tunisia led by the Chairman of the Armed Services Committee in the House of Representatives, Mike Rogers.

The American ambassador underlined the solidity of the historical relations between the two countries, recalling that Tunisia is an active partner of the United States and occupies a leading position.

According to a statement from the Tunisian Ministry of Social Affairs, the US ambassador stressed that Tunisian President Kais Al-Said’s statement is clear in this context, expressing his respect for the vision that builds on Tunisia’s own capabilities according to an independent national body. economic project respectful of international partners.

Negotiations between the International Monetary Fund and Tunisia have stalled over President Said’s reservations about a preliminary agreement reached early last year between the Tunisian government led by Naglaa Boudin and representatives of the Fund.

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Arab Desk
Arab Desk
The Eastern Herald’s Arab Desk validates the stories published under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

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