Tunisia approves $331m loans to build power plant

Mubasher: Tunisia's Cabinet approved raising a credit facility worth TND 263 million ($131 million) from the Saudi Fund for Development (SFD), Saudi Press Agency reported.

In addition, the Cabinet gave the go-ahead for securing a loan worth TND 400 million (around $200 million) from the Islamic Development Bank.

The two loans will go for establishing a power plant in Mornaguia.       

Mubasher Contribution Time: 14-Jan-2016 08:25 (GMT)