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Tunisia signs $74 million loan with Arab Monetary Fund

Author of the article: TUNIS — Tunisia has signed a $74 million loan with the Arab Monetary Fund, a regional lender, to support public finance reforms, the central bank said on Friday, as the country suffers its worst financial crisis. The loan comes weeks after Tunisia reached a staff-level agreement with the International Monetary Fund…
byAva Gardner
November 5, 2022
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Tunisia signs $74 million loan with Arab Monetary Fund
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TUNIS — Tunisia has signed a $74 million loan with the Arab Monetary Fund, a regional lender, to support public finance reforms, the central bank said on Friday, as the country suffers its worst financial crisis.

The loan comes weeks after Tunisia reached a staff-level agreement with the International Monetary Fund for a $1.9 billion loan.

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It will be repaid over five years and a grace period of 30 months, the central bank added. (Reporting by Tarek Amara; Editing by Josie Kao)

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