VOL. XLV

No 1

7-January-2002

TUNISIA

Arab Monetary Fund Approves$38.5Mn For Tunisia

The ArabMonetary Fund (AMF) approved on 26 December two loans worth $38.5mn for balanceof payments support and to finance reform in the financial sector in Tunisia. ATD37.5mn ($25.7mn) loan will be used for restructuring and upgrading thecountry痴 banks and insurance companies, while a TD18.7mn ($12.8mn) facilitywill be used to help narrow the deficit in the country痴 balance of paymentsresulting from increased...