1 Day
Source:
تونزي تيليغراف
Tunisie Telegraph: Over 600M Dollars for Phosphate and Energy Sectors
The Finance and Budget Committee of the People's Assembly approved three draft laws related to guarantee and financing agreements for strategic public companies in Tunisia, with a total value estimated at 460 million euros and 120 million dollars. The financing includes a loan of 384.8 million euros for the Tunisian Electricity and Gas Company (STEG) to improve the energy sector, 110 million euros for the Gafsa Phosphate Company to modernize production methods and increase extraction capacity, as well as a 120 million dollar loan for the Tunisian Chemical Group to ensure the continuity of raw material supplies and fertilizer production. These initiatives come amidst increasing pressures on public institutions due to rising energy costs and raw material prices, with the government aiming to boost investments in the energy, phosphate, and chemical industries to support the national economy.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)