Saudi Arabia To Provide 500-Million-Usd Financial Aid To Support Tunisia's Economy


(MENAFN- Nam News Network) TUNIS, Jul 21 (NNN-TAP) – Saudi Arabia, yesterday, signed agreements with Tunisia, to provide 500 million U.S. dollars to help finance Tunisia's state budget.

In the presence of Tunisian Prime Minister, Najla Bouden Romdhane, the agreements were signed by Tunisian Finance Minister, Sihem Namsia and her Saudi counterpart, Mohammed bin Abdullah Al-Jadaan, at the government headquarters in Tunis.

The agreements included the provision of a soft loan of 400 million dollars and a grant worth 100 million dollars to support the Tunisian economy.

“These agreements aim to support the Tunisian economy to come out of its crisis,” Saudi Arabia's Ambassador to Tunisia, Abdulaziz bin Ali Al-Saqr, told the media on the sidelines of the signing ceremony.

Namsia said that, the signing of these agreements“is part of the consolidation of bilateral ties and long-standing cooperation between the two countries.”

The Saudi minister said that, these agreements testified to the solidity of the relations between the two countries, and the efforts made by Saudi Arabia to support the revival of the Tunisian economy.– NNN-TAP

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