
Saudi Arabia gives $500m loan and grant to Tunisia
the Head of Government, Najla Bouden Ramadan, supervised, yesterday, Thursday, at the Palace of Al-Kasbah, the signing procession of two agreements between the Republic of Tunisia and the Kingdom of Saudi Arabia, stated the Tunisian Government.
Through these two agreements, the Saudi Arabia will give Tunisia a $400 million as a soft loan and a 100 million as a grant to help it fix its ailing public finances, pledging more financial support in coming weeks.
These agreements were signed by The Minister of Finance, Siham Boughdiri Namsia, and her counterpart, the Minister of Finance in the Kingdom of Saudi Arabia, Mohammad Al-Jadaan, according to the same source.
The signing of the two agreements falls within the framework of strengthening and consolidating the economic and financial bilateral relations between the two countries, which reflects the depth and the strength of the relations that bind the two brotherly countries and peoples.