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Tunisia approves $54m loan from Italy

Summary by AGBI
Italian loan to help Tunisia’s budget 40-year repayment period $4bn external loans due this year Tunisia has officially approved a €50 million ($54 million) loan from Italy to support its state budget for the current financial year. The loan was originally signed in April. It will be repaid over 40 years with a 31-year grace period and a zero percent interest rate. Tunisia’s current account deficit narrowed to 2.3 percent of GDP in 2023, around…
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Tunis, TunisiaTunis, Tunisia

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