VOL. XXXI

NO. 25

28-MARCH-1988

Financial and Banking News

AID FLOWS

Tunisia Receives $59mn from Japan and the US

Japan has agreed to lend Tunisia $54mn to support the country's economicdevelopment program, according to an agreement signed in Tunis on 18 March. Theloan is repayable in 25 years with an annual interest rate of 3.75%. Tunisiawill also receive $5mn from the US to purchase 22,000 tons of soya beans.