Business & Finance

Reuters exclusively reports Tunisia will propose wage, subsidy cuts in IMF talks

Reuters exclusively reported that Tunisia will cut its public sector wage bill and replace subsidies with direct support for the needy. A government reform proposal written to support talks with the International Monetary Fund, and show to Reuters, envisages eliminating all general subsidies by 2024 and cutting the wage bill to 15% of GDP by 2022 from 17.4% last year, partly through early retirement and reductions in working hours.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Economy & Policy
Regions: Africa
Countries: Tunisia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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