Financial and Banking News
Italy Lends Tunisia $350mn
Italy has agreed to lend Tunisia $350mn, according to an agreement signedearlier this month. The loan is repayable over 20 years at an annual interest of1.75%, and is part of a package of $500mn in loans and grants which Italy isextending to Tunisia in the period 1988-1990. The remaining sum of $150mn willbe provided in the form of a grant to support Tunisia's balance of payments andto finance...