Financial and Banking News

AID FLOWS

KFAED Lends $31.lun for Tunisian Rural Development Program 

The Kuwait Fund for Arab Economic Development (KFAED) has agreed to extend a $31.1mn loan to Tunisia to co-finance the country's rural development program. The scheme covers 215 projects, involving the construction of drinking water facilities, social care and health centers, roads, housing and irrigation. The loan is repayable in 36 bi-annual installments, including a six-year grace...