Tunisia to start food and energy subsidy cuts next year

Tunisia will begin gradual cuts in energy and food subsidies coupled with financial transfers to vulnerable families next year, the government said on Tuesday, announcing a key reform demanded by international lenders. Tunisia is in talks with the International Monetary Fund to agree on a $4 billion loan in return for an unpopular reform package to shore up its struggling public finances. Cutting subsidies certainly is the way forward to breaking the oligarcho-monopolies BUT, for over a year now Tunisia has been in talks with the IMF, the second way forward is major legislative change of a lev…

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