Published On 9/7/2026
Tunisia concluded a loan agreement with the Arab Monetary Fund worth $312 million, in a move aimed at supporting the economic and financial reform program implemented by the government, and enhancing economic and financial stability in light of continuing pressures on public finances.
The Central Bank of Tunisia said, in a statement yesterday, Wednesday, that the agreement was signed on Tuesday between the bank’s governor, Fathi Zuhair Al-Nouri, and the director general of the Arab Monetary Fund, Fahd bin Muhammad Al-Turki, with a value of 76.7 million Arab account dinars, equivalent to about 312 million dollars, without revealing the location of the signing or the duration of the loan repayment.
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The bank explained that the agreement comes “in support of the economic and financial reform program implemented by the Tunisian government, and a contribution to covering the needs of the balance of payments, in a way that enhances the solidity of the national economy.”
He added that the agreement “reflects the continuation of fruitful cooperation between Tunisia and the Arab Monetary Fund, and confidence in the path of its economic and financial reforms,” stressing his commitment to continue working, in coordination with national institutions and financial partners, “to create the best conditions for the success of reform programs and to enhance the strength of the national economy.”
According to a statement by the Tunisian Central Bank, the financing will be disbursed in 3 installments, the first of which will be allocated immediately upon the entry into force of the agreement. The payment period for each installment is 7 years, including a grace period of 3 and a half years, provided that payment is made in 8 equal semi-annual installments.
The Arab Monetary Fund uses the Arab Accounting Dinar as a unit of account in loans and financial transactions with member states. It is not a circulated currency, and its current value is about $4.1.
The agreement comes at a time when Tunisia faces continuing financial and economic challenges, as official estimates indicate that the budget deficit in 2026 will reach about 11 billion dinars ($3.7 billion), equivalent to about 3.9% of the gross domestic product.
For years, the country has been suffering from economic pressures exacerbated by the repercussions of the Corona pandemic and the Russian-Ukrainian war, in addition to rising costs of energy and basic materials as a result of geopolitical tensions, which has increased pressure on public finances, inflation, and the balance of payments.
