Tunisia: 13 banks mobilize €250 million in favor of state budget

The headquarters of the Ministry of Finance hosted on Thursday, July 6 the signing ceremony of a syndicated loan of €250 million for the state budget, a first in Tunisia.

The loan, granted by a pool of 13 banks, is spread over 3 years at a rate of 2.25% (repayment at the end of three years) or 2% (annual repayment).

Interim Finance Minister Fadhel Abdelkefi said this means of financing the state budget, the first of its kind in Tunisia, represents a life-size test that will enable the government to close its budget by 2017.

He reminded that this loan is the result of a collective effort between the teams of the Ministry of Finance and those of the Central Bank of Tunisia.

According to figures from the Ministry of Tourism and Handicraft, more than 2.5 million tourists visited the country during the first six months of 2017, an increase of 29.3% compared to 2016 .

More than 202,000 French went on a trip to Tunisia, followed closely by Russian tourists who were more than 194,000 in the first half. The number of tourists from Algeria recovered strongly, climbing 61.2% over the period. The number of German tourists also rose, rising by 36.1%.

 African Manager

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