Government Raises Consumer Prices to “Appease” IMF, Some Claim

A screenshot of a photo shared on the Tunisian Ministry of Finance's Facebook page on April 30, 2021 announcing the upcoming visit of their delegation to Washington in May.

In early May, an official delegation to Washington D.C. met with International Monetary Fund (IMF) officials for discussions on a new loan program for Tunisia. According to a leaked, confidential document allegedly produced by the Tunisian government which Bloomberg reported on (but did not publish), the government proposed removing food and energy subsidies as part of these discussions. In May and June, the prices of several consumer goods, including subsidized sugar, were raised or increased. Some have claimed these price increases were meant to “appease” the IMF as part of the ongoing loan discussions.

This article was produced as part of a reporting partnership between Meshkal and Nawaat. To read the full report, click here.

Lina Azaiez contributed to this article.