VOL. XLIV

No. 19

7-May-2001

TUNISIA

World Bank Approves $37.6Mn Loan To Tunisian Transport Sector

The World Bank announced on 19 April that it had approved a $37.6mn loan facility to finance the creation of an institutional framework for the Tunisian public transport sector. According to a statement from the Bank, the loan carries a tenor of 17 years and a grace period of five years. The project aims to support the sustainable growth of public transport in major Tunisian cities and enhance the...