Saudi development fund to give Tunisia $800 million in loans and aid

 29 Nov 2016 - 16:46

Saudi development fund to give Tunisia $800 million in loans and aid
A general view of the opening ceremony of the "Tunisia 2020" international investment conference on November 29, 2016 in Tunis. AFP / FETHI BELAID

Reuters

TUNIS: Saudi Arabia's state development fund is to give Tunisia $800 million in loans and aid, the vice-president of the fund said at an investment conference in Tunis on Tuesday.

Youssef Bassem said the money would include $500 million in soft loans, a $200 million fund to support exports and $100 million of aid.