27 Dec 2012
(MENAFN) Tunisia has been awarded USD214 million loan from the European Union, the African Manager reported.
The North African country also won two USD500 million loans from the World Bank and the African Development Bank, paid into the recovery support program.
The total amount of loans will help the government to balance the public accounts in the year 2012 and helps to mitigate the impact of the global economic slump on the Tunisian economy and the instability that still exists in the country.
The government will use the cash to support reforms undertaken to revive the economy and establish democratic institutions and rule of law.
The reforms target particular regions and social groups, particularly those disadvantaged.
The government is also working on improving the business environment and the competitiveness of the Tunisian economy, by promoting public-private partnerships as an example.
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more