Tunisia and the European Bank for Reconstruction and Development (EBRD) approved an arrangement of 45 million euros (50 million U.S. dollars) to fund a transport scheme in Tunisia.
This loan transaction will have advantageous benefits such as an interest rate of 1 % and repayment over 18 years including a five-year grace period.
The project to be served by the agreement is Tunis Transport Company’s renovation of its navy of passenger transport vehicles that join the Tunisian capital to its northern suburbs, announced a declaration by the Ministry of Development, Investment and International Cooperation.
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