by Dispatch Risk Analysis | Jan 27, 2023 | Economic, Tunisia
Tunisia: Moody’s Downgrades Rating, Highlighting Economic Crisis Summary: On 27 January, 2023, Moody’s announced a downgraded rating for Tunisia, moving it from Caa1 to Caa2 with a negative outlook. Moody’s assessed that the absence of financing to...
by Dispatch Risk Analysis | Jan 3, 2023 | Economic, Tunisia
Tunisia: Three-Year Economic Plan Leans on IMF Loan, Private Funding Summary: On 3 January 2023, the Tunisian government released a three-year economic development plan, with President Kais Saied referring to the plan as “prudent.” The plan presumed receipt of a...
by Dispatch Risk Analysis | Dec 15, 2022 | Economic, Tunisia
Tunisia: Failure to Finalize Finance Law Delays IMF Loan Decision Summary: The International Monetary Fund (IMF) has delayed the approval of Tunisia’s $1.9 billion loan deal due to the government failing to present a final 2023 finance law. The IMF Executive Board...
by Dispatch Risk Analysis | Dec 2, 2022 | Economic, Tunisia
Tunisia: Fitch Upgrades Default Rating, Warns of Inflation Summary: On Thursday, 1 December 2022, Fitch Ratings released a comprehensive report, noting an overall upgrade from CCC to CCC+ for Tunisia’s Long-Term Foreign Currency Issuer Default Rating (IDR). The...
by Dispatch Risk Analysis | Nov 5, 2022 | Economic, Tunisia
Tunisia: Regional Funds Extend Credit to Alleviate Economic Pressures Summary: During the week of 31 October 2022, two development funds extended credit lines to Tunisia with the intent of alleviating economic pressures. The African Development Bank (AfDB) extended...