Tunisia expects $1bln loans to close 2012 budget

Investment Minister Riadh Bettaib told reporters the two institutions would each lend $500 million.

Tunisia expects $1bln loans to close 2012 budget

World Bulletin / News Desk

Tunisia said on Friday it expects to secure $1 billion in loans soon from the World Bank and the African Development Bank (AfDB) to support its budget as its economy gradually emerges from the aftermath of a revolt that toppled the former regime.

Investment Minister Riadh Bettaib told reporters the two institutions would each lend $500 million. The loans "will support the budget for the last six months of 2012", he added.

Last Mod: 10 Ağustos 2012, 14:17
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