Financial and Banking News

AID FLOWS

Tunisia Receives Soft Loans from the USA and Canada 

Both the USA and Canada have agreed to extend soft loans to Tunisia. The USA is providing $120mn to assist the development of the agricultural sector and to provide staple food supplies with easy credit terms. Canada has provided C$4.7mn ($3.55mn) to help Tunisian businessmen establish joint Canadian-Tunisian industrial ventures. The loan is to be repaid over 50 years, including a ten-year grace...