29 June 2012

Tunisia: Loan Guarantee Agreement Signed Between Tunisia and U.S. Adopted

Bardo — The National Constituent Assembly (NCA) Friday adopted by a majority the bill pertaining to the loan guarantee agreement signed between Tunisia and the United States, which will help issuance by Tunisia of a bond on the American financial market.

One hundred and nine deputies voted for this agreement, 14 abstained and 30 voted against.

The loan guarantee, estimated at US$30 million, will help Tunisia mobilise resources between US$400 and 450 million, i.e., between 640 and 720 million Tunisian dinars.

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