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الشروق التونسية
Source: الشروق التونسية
24 Hrsالشروق التونسية
Source: الشروق التونسية
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The Tunisian Minister of Economy stated that the 110 million euro loan allocated to the Gafsa Phosphate Company aims to restore production and modernize the mining system through the acquisition of modern equipment and the enhancement of environmental and governance aspects. The funding also includes a grant of 7 million euros to support environmental initiatives, dedicated to increasing production capacity and improving environmental and social standards. The loan has a repayment period of 10 years with a grace period of three years. The minister emphasized that modernizing the sector is essential to recover its economic role after its contribution to GDP and exports declined. He confirmed that the loans are intended for investment rather than debt and expressed confidence that Tunisia can mobilize external funding for priority projects.
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