VOL. XL

No. 42

20-October-1997

TUNISIA

EIB Lends Tunisia $89Mn

The European Investment Bank (EIB) has continued its fall round of new loanarrangements by announcing a package of three tranches totaling ECU80mn ($89mn) to be lentto Tunisia. The first tranche of ECU15mn will go to strengthening the capital bases of avariety of Tunisian firms slated for privatization (see related story on page B1). TheBank said in a statement that the funds will be directed by an intermediary through thestock...