VOL. XL

No. 51/52

22/29-December-1997

TUNISIA

EIB Lends Tunisia, Egypt $92Mn

The European Investment Bank (EIB) announced on 12 and 15 December that it is grantingTunisia two new loans - an ECU65mn ($72.3mn) loan for road improvements in Greater Tunisand the cities of Sfax and Sousse, and a second, ECU15mn ($16.7mn) loan for thedevelopment of Tunisia's private sector. The first loan, the largest ever granted by theEIB in Tunisia, will finance various road improvement works designed to "promote...