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.
Financial Post Top Stories
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300
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)