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debt-to-repay

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Tunisia Begins Debt-to-Repay Cycle
November 3rd, 2019 - 12:00 GMT

Tunisia Begins Debt-to-Repay Cycle

Tunisia will funnel its loans to pay next year’s debt as an intensifying economic crisis pushes the country into a vicious borrowing cycle to plug its liability gap, officials said. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-c…","video_id":"cfa14622-73ab-415f-913f-905eb942a0b9","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Cities to Travel to in 2020"} Tunisia has taken on increasing debt since 2011, when the Islamist Ennahda Movement and its secularist allies in government did not initiate reforms to stabilise the economy. The country previously channelled most ...
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