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FINANCIAL NEWS
Tunisia aims USD2.85bn in external financing this year
31 Jan 2017
(MENAFN) Tunisia needs almost USD2.85bn in external financing this year and aims to issue Sukuk Islamic bond at USD500mn to help cover the deficit.
Accordingly, the country aims to sell 1bn euros’ worth of Eurobonds and hold a roadshow on February 5.
Furthermore, Tunisia also plans to issue USD500mn to diversify its resources and cover the deficit of the current year.
However, it also struggled to enact economic reforms to curb public spending and help make jobs since the 2011 uprising.
MENAFN3101201700450000ID1095226946
MENAFN3101201700450000ID1095226946
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