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تونزي تيليغراف
Tunisian President Approves Funding Deals
President Kais Saïed signed a series of guarantee and funding agreements benefiting public institutions and the Tunisian state budget, following their approval by the Assembly of People's Representatives. These agreements include a €110 million loan from the European Bank for Reconstruction and Development to the Gafsa Phosphate Company for purchasing modern equipment and improving phosphate extraction processes. Guarantees were also approved with the Islamic Trade Finance Corporation for two Murabaha transactions totaling $120 million for the Tunisian Chemical Group to ensure the availability of raw materials. Additionally, an extra $500 million in funding was secured from Africa Export-Import Bank for the 2026 state budget, bringing the total interventions by the bank to $1.7 billion since 2022.
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