News24

IMF working with Tunisia on crisis

2012-02-03 09:57

Tunis - The director of the International Monetary Fund says her organisation has been working closely with Tunisian authorities since the revolution to cope with the current economic crisis.

Christine Lagarde said on Thursday at the conclusion of her two day visit that she discussed with Tunisia's leaders what measures they could take to cope with an economic downturn that has been aggravated by problems in the country's main European trading partners.

Tunisia overthrew its dictator last year, sparking similar pro-democracy uprisings across the region, but the revolution took a heavy toll on the economy.

The economy shrank 1.8% in 2011 after the tourism industry was devastated and the all important mining sector was paralysed by strikes.