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African Development Bank gives Tunis $500mn loan

TUNIS : The African Development Bank (AFDB) on Friday said it had approved a $500 million loan for Tunisia to suppo
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By Abdul Ahad
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TUNIS: The African Development Bank (AFDB) on Friday said it had approved a $500 million loan for Tunisia to support its budget.

AFDB President Donald Kaberuka said in a statement there was an additional $500 million in the pipeline which he hoped would be in place by the end of the year.

 

Copyright Reuters, 2011

 

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