Tunisia Will Ask U.S. For A $500 Million Loan GuaranteeSource: www.export-egypt.com 10/26/2017, Location: Middle East |
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Tunisia will ask the United States for a $500 million loan guarantee as it prepares to issue bonds on financial markets next year, a senior government official told Reuters .
Tunisia will need about 7.4 billion Tunisian dinars ($3 billion) from foreign loans including 1.4 billion dinars from the sale of bonds. Since the 2011 uprising that ended the rule of the former president Zine El Abidine Ben Ali, the United States has guaranteed about 1 billion dollars in loans to Tunisia to support the democratic transition in the north Africa’s country. |
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