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Tunisia trade unions chief rejects IMF reforms

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Al-Araby

The head of Tunisia’s powerful UGTT trade union confederation on Thursday rejected conditions set by the International Monetary Fund for a new loan to bail out the country’s struggling economy. “We reject the conditions set by the IMF, given Tunisians’ low salaries, lack of means, rising poverty and unemployment,” Noureddine Taboubi told reporters. The global lender has called for “ambitious reforms” to tackle the heavily indebted country’s public finances and reform its state-owned companies. The IMF’s regional chief Jihad Azour said Wednesday that the fund was set to begin formal talks on a …

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