EU to provide Tunisia with €100Mln as state budget support

EU to provide Tunisia with €100Mln as state budget support
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Sunday 13 November 2022 - 22:09

The European Union (EU) will provide Tunisia with a grant worth 100 million euros as support to the state budget, announced the Tunisian Ministry of Economy and Planning.

This grant is intended to support procedures that aim to alleviate the impacts of the Covid-19 pandemic and support economic activity, added the same source, quoted by local media.

Tunisia has recently signed a loan agreement of 74 million dollars with the Arab Monetary Fund (AMF).

This loan aims to support the financial restructuring program included in the Tunisian reform program, at the level of restoring financial balances and reducing the balance of payments deficit.

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