AfDB to provide Tunisia financing totaling 1,140 MD in 2018 | Tunisia News Gazette

AfDB to provide Tunisia financing totaling 1,140 MD in 2018

The African Development Bank (AfDB) will make available to Tunisia 1,140 Million Dinars (MD) intended to support the State budget in 2018 and finance some projects in sanitation, electricity and integrated agricultural development in Zaghouan and strengthening the private sector, the Ministry of Development, Investment and International Co-operation said in a statement.

This amount was revealed at a meeting between Tunisian Minister of Development, Investment and International Co-operation Ziad Ladhari and AfDB Vice President, Regional Development, Integration and Business Delivery Khaled Sherif on Monday.

The meeting focused on future areas of co-operation between the two parties, including industrial development, support for private investment and strengthening public-private partnership, reads the statement.

Co-operation between Tunisia and AfDB had focused on the sectors of agriculture, communication technologies, infrastructure, education and budget support with financing totaling 1,200 MD in 2017.

Ladhari reminded that the government aims in its strategy to uphold decentralisation and boost local development in the framework of strategies focused on the valorization of the resources and potentials of each region.

For his part, Sherif underscored the AfDB’s willingness to continue its financial support for Tunisia as well as its technical support needed to contribute to identifying efficient strategies and programmes.

Source: TAP News Agency

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