HomeNewsTunisia: Washington would not guarantee $ 500 million loan

Tunisia: Washington would not guarantee $ 500 million loan

The US Administration has sent the Tunisian government “signs” suggesting that it is unwilling to give its guarantee to the $ 500 million loan Tunisia seeks to obtain from the international financial market, said sources quoted by weekly Al-Anwar.

Washington would have invoked “political instability” that impact the country’s economy and the ratings of agencies such as Moody’s and Fitch that draw a dark picture of Tunisia’s economic outlook, said the same sources.

When asked in Tunis about the possibility of providing this guarantee, US Deputy Secretary of State, John Sullivan merely indicated that the United States “studies this issue,” recalling that it had secured a loan of $ 1.5 billion in 2011.

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