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Tunisia Cuts Interest Rate, Delays Loan Payments
...In a bid to lessen the economic impact of the global coronavirus pandemic, Tunisia’s central bank on 17 March cut its key interest rate by 100 basis points to 6.75% - its first cut since 2011. The bank also said businesses would be able to defer payment of loans by six months and access new on...
Volume: 62Issue: 13Published at Fri, 20 Mar 2020 -
Libya’s 2019 Budget: Fact or Fiction?
...Muammar Gaddafi in 2011 and the ensuing violence. As if Mr Sanalla didn’t have enough on his plate, the budget only allocates around LD1.3bn ($935mn) for NOC employee wages (see table). Oil workers argue that the government was supposed to grant them a 67% increase in wages in line with a 2013 go...
Volume: 62Issue: 13Published at Fri, 29 Mar 2019