The Board of Directors of the Saudi Fund for Development has granted three loans to Tunisia.
The first loan will serve for the creation of a power plant project. Its volume is 192,400 million Tunisian dinars (MTD).
Worth an estimated value of 136,276 MTD, the second loan will be dedicated to financing a natural gas transport project while the third, worth $ 25,650 MD, will allow carrying out a project of reform and modernization of the vocational training sector.
Loans will be granted on preferential terms in return for an interest rate of 2% and a repayment period spanning 20 years including 5 years grace.