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Wednesday 16 June 2021
HomeNewsTunisia: World Bank’s $ 500-mln loan agreed in principle

Tunisia: World Bank’s $ 500-mln loan agreed in principle

The World Bank (WB) has given its agreement in principle to grant Tunisia a loan worth $ 500 million (1USD = 1.557 TND) in budget support, for the year 2013, Mr. Riadh Bettaeib, Minister of investment and international Cooperation told TAP Wednesday.

The loan will be granted, according to the Minister, on favorable terms (repayment over a long period), with a grace period of 5 years, so as not to put further strain on the state budget and to control the country’s financial balances.

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