VOL. XLIV
No. 21
21-May-2001
TUNISIA
AFESD Lends KD11Mn To Tunisia
The Arab Fund for Economic and Social Development (AFESD) announced on 12 May that it had signed a loan agreement for KD11mn ($35.7mn) with the Central Bank of Tunisia. The loan, which carries an interest rate of 4.5% and a tenor of 22 years with a grace period of five years, will contribute to the Tunisian Governments small-scale development lending program.
The governments lending program aims to create job opportunities for...
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