TUNIS: Tunisia’s central bank governor says the North African country has economic challenges ahead, even though it is no longer in recession.
Chedli Ayari’s comments came with an announcement by the International Monetary Fund that discussions over a loan of $1.78 billion to Tunisia are in ‘advanced’ stages.
Tunisians overthrew their long-ruling dictator in January 2011, and in the ensuing unrest the economy contracted by 2 percent.
Ayari said the situation slowly improved and the overall growth figure for 2012 was 3 percent.
In a statement, the IMF said the government’s policies are moving in the right direction and aim to reduce ‘regional disparities and unemployment.’