COVID-19: SIGNING OF A SYNDICATED LOAN AGREEMENT UP TO 1.18 BILLION DINARS

In order to finance the budgetary needs of the State to fight against the Covid-19 pandemic, the Minister of Finance, Mr. Nizar Yaïche and the governor of the Central Bank of Tunisia (BCT), Mr. Abassi, chaired , on May 5, 2020, a ceremony to sign a syndicated loan agreement amounting to $ 1.18 billion.

This will be established with 12 national banks and will be reimbursed over 3 years. This loan, obtained in part from deposits of non-residents, will provide financial support to the state so that the latter can find additional accreditations to support businesses affected by the containment.

Source: Ministry of Finance, May 5, 2020. http://www.finances.gov.tn/fr/actualites-evenements/signature-dun-pret-syndique-avec-12-banques-locales

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