VOL. XLI/VOL. XLII

Nos. 52/1

28-December-1998/4-January-1999

TUNISIA

AFESD Signs $112Mn Loan With Tunisia

The Kuwait-based Arab Fund for Economic and Social Development (AFESD)announced on 12 December that it had signed a $112mn loan with Tunisia. The loan carries atenor of 22 years and a pricing of 4.5% with a five-year grace period. The credit is to beused to finance agricultural projects.

Copyright 1998 Middle East EconomicSurvey