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Tunisia’s tough decisions: to reform or face debt default

By Matt Smith
Traditional Tunisian sweets for sale in the busy market of Tunis Medina, the historical Kasbah is a World Heritage Site and popular tourist destination in Tunisia. Shopping for traditional sweets in the medina in Tunis. Tunisia's government has refused to cut subsidies for fear of unrest John Wreford/SOPA Images via Reuters Connect
Shopping for traditional sweets in the medina in Tunis. Tunisia's government has refused to cut subsidies for fear of unrest

Tunisian external debt is $43bn

Budget deficit 7.6% of GDP

Default averted by foreign loans

As Tunisia’s president Kais Saied celebrates his re-election, the former lawyer must decide whether to implement unpopular reforms to receive a ...

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