Tunisia was already among the countries with real risks of non-reimbursement, according to Fitch. Government budget depends on more than $5 billion in external financing (10% of GDP) that will not be released until there is an agreement with the IMF.

President Kais Saied rejects any "foreign diktat" that could in any way undermine "social peace" Fitch's downgrade comes on the eve of European Commission President Ursula von der Leyen's visit to Tunisia.