Tunisia–IMF: An Amicable Divorce

Writer: Ghazi Boulila

After decades of IMF-backed reforms, Tunisia has chosen to walk away. In “Tunisia–IMF: An Amicable Divorce,” Ghazi Boulila traces the long partnership between Tunisia and the Fund—from post-independence stabilization to post-revolution recovery—and explains why the country ultimately rejected new loan conditions tied to privatization, wage cuts, and subsidy removal. The article argues that Tunisia’s “self-reliance” strategy may restore economic sovereignty, but only if paired with credible, home-grown reforms that balance independence with international engagement.

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