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Tunisia borrows 312 million dollars from the Arab Monetary Fund
Tunisia has signed a loan agreement worth $312 million with the Arab Monetary Fund, aimed at supporting the economic reform program and strengthening financial stability amid ongoing financial challenges. The funding will be disbursed in three installments, with a repayment period of up to seven years. It is intended to cover balance of payments needs and foster economic growth driven by structural reforms. This step comes amidst Tunisia's continued struggle with a financial deficit exceeding 11 billion dinars and economic difficulties exacerbated by the COVID-19 pandemic and the Russia-Ukraine war.
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