France to lend Tunisia 135 million euros to finance projects
Prime Minister Youssef Chahed
Tunis - Arab Today
France has agreed to lend Tunisia 135 million euros ($143 million) to finance two infrastructure projects, Tunisia’s prime minister said on Friday.
“France will finance two projects, the first worth 60 million euros and another with 75 million euros,” Prime Minister Youssef Chahed said at a news conference with French Prime Minister Bernard Cazeneuve in Tunis.
The French Development Agency (AFD) will finance a project to expand the potable water network and will fund a metro project.
France, one of Tunisia’s biggest economic partners, will also convert 35 million euros of debt into investment after an operation last year to convert Tunisian debt worth 60 million euros, the French Prime Minister said.
Cazeneuve said France would continue to support Tunisia after it launched “courageous economic reforms” and called on foreign tourists to visit Tunisia to help revive an economy struggling after deadly attacks on tourists in 2015 by Islamist militants.
The North African country has been lauded as the only political success story of the Arab Spring for its democratic transition. But it has made slow progress on economic reform to curb public spending and deficits.
Source: Arab News
- Wednesday ,08 March GMT 14:47 2017 India mulls local steel requirement for $59bn infrastructure projects
GMT 14:47 2017 Wednesday ,08 March
India mulls local steel requirement for $59bn infrastructure projectsGMT 05:24 2017 Tuesday ,07 February
Turkey transfers state assets to sovereign wealth fundGMT 05:22 2017 Wednesday ,18 January
Britain’s biggest council seeks ‘post-Brexit’ Qatari cashGMT 19:23 2016 Wednesday ,14 December
Gulf sovereign fund to invest $10bn in US infrastructureRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 21:07 2015 Wednesday ,11 February
English Premier League TV deal sparks fan fearsGMT 13:39 2011 Wednesday ,26 October
UN :World population \'could hit 15 bn\'
GMT 12:54 2017 Monday ,11 December
Thousands rally demanding Saakashvili's release
GMT 15:56 2018 Friday ,14 December
Rise in temperatures, relatively cold weather for today
GMT 07:27 2016 Thursday ,09 June
Oman's Population Exceeds 4.44 Million
GMT 09:19 2018 Wednesday ,12 September
Syria's Donors Hold 3rd Regular Coordination Meeting at KSrelief in Riyadh 2GMT 14:16 2011 Wednesday ,08 June
Yemen rejects offer from opposition for transition talks
GMT 10:36 2015 Wednesday ,16 December
Free choice of mate may boost pandas' sex drive
GMT 13:11 2017 Saturday ,08 April
Spanish Ambassadress honors Conservatory of Music Director
GMT 14:03 2017 Friday ,20 October
Sisi had busy schedule last week 3 Cairo
GMT 08:12 2015 Sunday ,12 July
Qatar condemns explosion in Chad
GMT 02:26 2017 Thursday ,11 May
State Council members visit National Museum
GMT 15:50 2011 Tuesday ,23 August
Federation out to discipline Mourinho for eye-poke
GMT 17:44 2012 Wednesday ,10 October
Federer and Djokovic win, Murray walkover
GMT 08:00 2011 Thursday ,13 October
Impressive Andy Roddick reaches Shanghai quarters
GMT 12:08 2011 Saturday ,20 August
Andy Murray topples Gilles Simon
GMT 14:48 2016 Monday ,03 October
ADB Signs Risk Transfer Deal With SIDA to Increase Lending CapacityGMT 09:23 2011 Tuesday ,24 May
Australian troops in UAE hospital blunder
GMT 11:30 2017 Sunday ,12 March
Dutch-Turkish tension rises over diplomatic row
GMT 23:40 2017 Thursday ,16 February
Egypt gets first woman provincial governor
GMT 04:43 2017 Friday ,10 February
UAE Ambassador to Oman meets with Oman Interior Minister
GMT 19:23 2017 Thursday ,13 April
World Champions to Participate in Doha Diamond LeagueGMT 05:36 2011 Wednesday ,28 September
PM lauds Saudi King\'s decision to empower women politically
GMT 19:54 2017 Tuesday ,11 April
Israeli forces storm anew Aqsa Mosque
GMT 06:39 2017 Saturday ,29 April
Prof. Ghandour Receives Message from Ivorian CounterpartGMT 10:57 2012 Tuesday ,07 February
The Darkness II ReleaseGMT 08:51 2012 Monday ,23 January
Big list of game release datesGMT 09:28 2011 Monday ,30 May
UN chief praises agreement to save Nepal parliament
GMT 14:58 2015 Saturday ,23 May
Land Rover reveals bespoke Defender
GMT 07:05 2015 Saturday ,25 July
Copper cobaltite nanocomposites with photocatalytic properties
GMT 15:16 2017 Friday ,14 April
Iran's Rouhani reruns for presidency, defends his performance in office
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor