HPR approves bill approving supplementary loan agreement between ONAS and IBRD | Tunisia News Gazette

HPR approves bill approving supplementary loan agreement between ONAS and IBRD

The House of People’s Representatives (HPR) approved at a plenary session on Wednesday in Bardo the bill approving the agreement on the state guarantee for the supplementary loan signed on November 3, 2016 by the National Sanitation Utility (ONAS) and the International Bank for Reconstruction and Development (IBRD), with 93 votes in favour, 3 against and 3 abstentions.

The agreement includes a single article providing for the contribution to the financing of the Tunis Nord project, worth an estimated value of 16 million 200 thousand euros.

The overall cost of the project, which runs until 2019, is 130 million dinars, while the interest rate varies between 0.4 and 0.5% for a 20-year repayment period, including 5 years of grace.

The supplementary loan concerns the construction of a pumping station with a capacity of 2.7 m3 / per second and a sewage treatment plant, in addition to the realisation of a network for the transfer of treated water from the current dump of the Gulf Canal to the treated water basin over a length of 2.7 km, in addition to technical assistance to ONAS.

Source: TAP news Agency

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