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Monday 20 September 2021
HomeNewsTunisia: Saudi Fund for Development grants $ 150 million loan

Tunisia: Saudi Fund for Development grants $ 150 million loan

An agreement on a loan of 150 million dollars, or 230 million Tunisian dinars, was signed Wednesday between the Saudi Fund for Development and Tunisia.

This loan, which will be repaid over 20 years with a grace period of 5 years, will fund the construction of social housing project that will provide 20,000 housing units for the benefit of low-income population.

The loan agreement was signed by Minister of Development and International Cooperation, Lamine Doghri and Managing Director of the Saudi Fund for Development Ibrahim Bin Youssef.

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