VOL. XXXIV

NO. 35

3-JUNE-1991

Financial and Banking News

Loans & Issues

Spain Loans Tunisia $100mn, Bolsters Relations with Maghreb States

Spain announced on 28 May that it will loan Tunisia $100mn, half of whichwill be in low-interest loans for public works and development projects and theother half in state commercial loans. The loan was agreed during a visit toSpain by Tunisian President Zein al-Abidine Ben Ali, and is seen as an effort bySpain to encourage political and economic reforms...