Tunisia: 500 million dollar loan from Qatar

Critics say interest rate is non privileged

19 April, 14:02

(ANSAmed) - TUNIS, APRIL 19 - 500 million dollars have arrived into the Tunisian Central Bank's account following a loan from Qatar. The announcement was given from the Central Bank itself.

The loan has sparked much criticism in the past few months due to the fact that it had originally been presented with a privileged interest rate, whereas sceptics say instead that it has actually been set with a rate of 2.5% which is not, after all, a particularly privileged one considering it is basically on a level with normal rates.

The loan will last five years and is to be sent returned within April 18 2017 "in one payment", says a note by the Central Bank.

(ANSAmed).

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