Tunisian parliament rejects govt plan to issue up to $800mn in bonds

TUNIS: Tunisia's parliament said on Thursday it has rejected a government plan to issue up to $800 million in bonds this year, in a severe blow to the government which is seeking to secure funding to meet the budget deficit.

The Finance Committee in parliament heard finance minister Ridha Chalgoum announce plans to issue bonds worth up to $800 million this year, but refused to approve the issuance.