African Development Bank gives Tunis $500m loan

Reuters, Sunday 12 Jun 2011

Bank approves funds for budget support and says a similar sum may be in place by year's end

The African Development Bank (AFDB) on Friday said it had approved a $500 million loan for Tunisia to support its budget.

AFDB President Donald Kaberuka said in a statement there was an additional $500 million in the pipeline which he hoped would be in place by the end of the year.

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