"We very much would welcome the Tunisian government presenting a revised reform plan to the IMF and for the IMF to be able to act on the plan presented, but these are sovereign decisions," Blinken said at a press conference with Italian Foreign Minister Antonio Tajani at the State Department.
Tunisia's bailout talks with the International Monetary Fund have looked stalled for months, and there is little sign President Kais Saied is willing to agree to the steps needed to reach a deal and help the country avoid a financial crisis. Without a loan, Tunisia faces a full-blown balance of payments crisis. Most debt is internal but there are foreign loan repayments due later this year, and credit ratings agencies have said Tunisia may default.Tunisia over 1 billion euros to help develop its battered economy, rescue state finances and deal with a migration crisis, with most funds contingent on it agreeing economic reforms.
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