TUNIS (Xinhua) -- Tunisian Prime Minister Naglaa Boudin affirmed (Monday) that her country's economy is on the way to recovery, calling for the need to invent a new development model that takes into account major economic and social transformations.

This evening, local radio stations quoted Boudin as saying during a seminar on "rethinking the restructuring of the world of work in Tunisia in order to achieve a successful recovery after the Covid-19 pandemic," that "Tunisia's economy is on its way to recovery, and the state is capable of confronting the current situation and overcoming various challenges." Challenges and restoring financial balances.

And she believed that "the development model adopted in Tunisia for decades has become unable to face economic and social challenges, and has proven very clearly that it does not respond to major reforms and to the requirements of sustainable, comprehensive and integrated development that we aspire to."

And she added that this development model "has produced many structural problems that have exacerbated indicators of regional and social inequality and feelings of exclusion and marginalization among important segments of society."

And she called for "the need to create a new development model that takes into account the current major economic and social transformations, and respects the principles of transparency, rational disposal of wealth and good corporate governance in a way that contributes to achieving equality and social justice."

In this regard, she emphasized that her government had embarked on a set of reforms "according to an approach based on participatory and dialogue," she said.

The Tunisian Prime Minister had met earlier today with President Kais Saied.

The Tunisian presidency said in a statement posted on its official Facebook page that the meeting "dealt with government work in general and the financial, economic and social conditions in particular."

She pointed out that during this meeting, they discussed "the effects of the changes the world is witnessing today on Tunisia, and the need to take measures to limit their consequences at the level of the state's financial balances."

In a statement in mid-October, the International Monetary Fund announced that it had reached a preliminary agreement at the expert level with Tunisia to grant it a $1.9 billion loan to support its economic policies.

The final agreement regarding this loan remains subject to the approval of the Executive Board of the International Monetary Fund, which is scheduled to discuss Tunisia's request in December, according to the statement.