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FINANCIAL NEWS
Tunisia to receive USD2.66bn financial support
01 Dec 2016
(MENAFN) Tunisia will receive up to USD2.66bn of support from the European Investment Bank (EIB) by 2020.
Additionally, the aim of the aid is to upgrade inclusive and sustainable growth, the main source of jobs for young people, as stated the bank.
Accordingly, the country will also be supported via the EIB’s new resilience initiative for the European Union”s (EU) Southern Neighborhood.
Moreover, the EIB and Tunisia had strong ties due to the strength of its expertise and the ties based on trust, while the EU bank has channeled 1.4bn euro of loans.
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