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Sunday 20 June 2021
HomeNewsTunisia-IMF loan: repayment schedule of $ 700 million per year

Tunisia-IMF loan: repayment schedule of $ 700 million per year

Finance Minister Slim Chaker specified to African Manager Monday the repayment terms of the $ 2.9-billion loan approved last Friday by the Executive Board of the International Monetary Fund.

He said Tunisia will repay this loan over four years at a rate of 700 million dollars in annual installments.

He added that the loan will support the state budget and the economic and financial reforms program of the 2016-2020 Five-Year Plan.

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