Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Tunisia Close to Sealing IMF Loan  Join our daily free Newsletter

MENAFN - Qatar News Agency - 10/02/2013

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093607576%26title%3dTunisia-Close-to-Sealing-IMF-Loan%26src%3dRSS Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093607576%26title%3dTunisia-Close-to-Sealing-IMF-Loan%26src%3dRSS Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Qatar News Agency) Director of the Middle East and Central Asia Department in the International Monetary Fund (IMF) Masoud Ahmed said Saturday that talks with Tunisia to loan the Arab spring country 1.78 billion will not be used to handle the 2013 budget deficit.

He told Radio Sawa that the loan will be used to face any other future hiccups. He added that the Tunisian authorities were currently putting the final touches on its request for the loan, although he admitted that the recent assassination of political opposition figure Shoukry Belaid could delay an agreement.

On the latest with the loan to Egypt, Ahmed said that the IMF advised the Egyptian leadership to work on earning the trust of local and foreign investment.

He added that the leadership in Egypt will have to take into consideration the social and economic factors that could affect the economic reform necessary for Egypt to obtain the loan.

He stressed that the IMF understand the necessity of not hurting the middle and lower class with the required economic reform and expressed the fund's willingness to see those reforms applied gradually.

 






  MENA News Headlines
May 25 2013Marriott's ME, Africa Q1 RevPAR rises 11% ,MENAFN
(MENAFN) Marriott International, Middle East and Africa, president and managing director, Alex Kyriakidis, stated that the hotel operator's revenue per available room (RevPAR) during the first ...

May 25 2013Artists seek global audience at Hong Kong's Art Basel ,AFP
(MENAFN - AFP) Having taken five Volkswagen Beetles and compressed them into spheres, artist Ichwan Noor was always going to grab attention at the inaugural Hong Kong Art Basel. Noor is known in ...

May 25 2013Fitch expects Qatar's 2013 GDP to reach 7% ,MENAFN
(MENAFN) Fitch Ratings stated that in 2013, Qatar's gross domestic product (GDP) is projected to stand at 7 percent, reported Arabian Business. The agency said that during the period, Qatari banks ...

May 25 2013World Bank Grants US $55 Million For Palestinian Development ,Qatar News Agency
(MENAFN - Qatar News Agency) The World Bank Board of Executive Directors has advised its Board of Governors to authorize the US $55 million replenishment of the West Bank and Gaza Trust Fund. This ...

May 25 2013Giant leaps for GCC within economic integration -- experts ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The GCC achieved giant leaps within the economic integration domain, leading to the increase of capital and commercial exchange, said a number of Bahraini ...

May 25 2013Education key to Arab youth empowerment - report ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The high ambitions and aspirations of Arab youth, who make up the majority of Arab populations, require access to a high quality education to be materialized, a ...

May 25 2013USD 224 million SMEs Fund to be established for MENA ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) A fund with a capital base of USD 224 million for financing small and medium enterprises (SMEs) in the Middle East and North Africa (MENA) will soon be ...

May 25 2013Design experts discuss new trends at Index seminars ,Khaleej Times
(MENAFN - Khaleej Times) The Index International Design Exhibition and The Office Exhibition, which close today, have provided the regional interior design and architecture community with an ...

May 25 2013UAE adds power to mobile broadband ,Khaleej Times
(MENAFN - Khaleej Times) The UAE on Wednesday took a critical initiative to stay ahead in broadband connectivity race by unveiling its band plan for 700MHz and the launch of spectrum in the 800MHz ...

May 25 2013UAE- Where quality is a habit ,Khaleej Times
(MENAFN - Khaleej Times) Prime HealthCare Group received the Dubai Quality Appreciation (DQA) Award 2012 for the second time (2007 and 2012 cycle) owing to excellence in the areas of high service ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help