VOL. XLVI

No 31

04-August-2003

TUNISIA

AID

AFESD Lends Tunisia $100Mn For Electricity Project

The Arab Fund for Economic and Social Development (AFESD) has agreed a loan worth KD30mn ($100mn) with Tunisia to help finance a project to expand the countrys electricity grid. The loan carries an interest rate of 4.5% and a maturity of 22 years, including a five-year grace period. The project aims to extend and strengthen the electricity grid and exploit its full potential, said AFESD, providing power...