by Dispatch Risk Analysis | Jun 8, 2023 | Economic, Tunisia
Tunisia: Fitch Downgrades Default Rating as Foreign Reserves Slump Summary: This week, New York-based Fitch Ratings downgraded Tunisia’s long-term foreign currency issuer default rating from CCC+ to CCC-, further confirming the country’s lack of creditworthiness....
by Dispatch Risk Analysis | May 3, 2023 | Economic, Tunisia
Tunisia: IMF Deal Progressing Despite Saied Administration’s Skepticism Summary: During a 2 May 2023 interview, the International Monetary Fund (IMF) Director for the Middle East, North Africa, and Central Asia, Jihad Azour, commented positively about progress...
by Dispatch Risk Analysis | Apr 7, 2023 | Economic, Political, Tunisia
Tunisia: Saied Makes Strongest Statements Yet Against IMF Bailout Summary: On 6 April 2023, President Kais Saied indicated in a press conference his strongest opposition yet to the International Monetary Fund (IMF) loan deal and its requirements for economic reform....
by Dispatch Risk Analysis | Mar 16, 2023 | Economic, Tunisia
Tunisia: Debt Servicing Absorbs Growing Revenues as Sovereign Risk Rises Summary: January and February 2023 data indicate that the servicing of Tunisia’s external debts has absorbed nearly 90% of income from tourism and remittances. The overall cost of external debt...
by Dispatch Risk Analysis | Feb 14, 2023 | Economic, Tunisia
Tunisia: World Bank VP Names Lebanon, Tunisia as Top MENA Concerns Summary: On 14 February 2023, a senior World Bank official stated that Tunisia and Lebanon remain the two most concerning economies in the Middle East and North Africa (MENA) region. The statements,...