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Economics and Policy
Political unrest has hurt Tunisia’s growth outlook but it will stay committed to cutting the state budget deficit next year, while relying on foreign aid to fill a large external financing gap, Prime Minister Ali Larayedh has said.
The Gulf Arab state of Kuwait will allow Egypt to repay a $2 billion central bank deposit over five years instead of the current one-year timeframe, Egypt’s interim prime minister has said.
Israel has named Karnit Flug as the first woman to head its central bank and meet the challenge of a rising shekel after a rocky selection process that dragged on for months.
