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FITCH RATINGS: DELAYED REFORMS IN TUNISIA COULD LOSE THE CONFIDENCE OF LENDERS





Adel Tayari – TDO – (TUNUSIA) Agency ISIN Fitch Ratings considered The postponement of the International Monetary Fund to grant Tunisia the second install ment of  320 million dollars of the loan decision for Tunisia since May 2016 a total value of  2.8 billion dollars because of the delayed reforms in the civil service and the expenses of the government area reform poses challenges . The agency indicated in a communiqué issued on 10 March  2017 that delayed reform again that would feed the "lack of confidence in the prospects for financing Tunisia” and it reported the risks related to funding in the short term and which has shrunk due to put Tunisia on the international bond market at a value of 850 million euro’s during the month of February 2017  , "Fitch Ratings" explained that the financing risks related to delays in disbursement of the loan cannot be excluded making Tunisia subject to funds from unsecured markets or interest bearing Increase but the agency predicted at the same time, the lenders continue empowering the ongoing transformation in Tunisia.