Germany Announces $338 Million of Financial Aid to Tunisia

Published June 14th, 2017 - 01:38 GMT
German Chancellor Angela Merkel and other leaders pose for a picture during the two-day G20-Africa partnership investment conference in Berlin on June 12, 2017. (John Macdougall/ AFP)
German Chancellor Angela Merkel and other leaders pose for a picture during the two-day G20-Africa partnership investment conference in Berlin on June 12, 2017. (John Macdougall/ AFP)

Tunisia and Germany signed a partnership agreement this week for additional financial support to Tunisia worth €300 million ($338 million). 

The agreement stipulates the payment of €100 million a year for three years, Foreign Minister Khemaies Jhinaoui announced. 

It involves providing support for public finances, he said, pointing out that Germany would also provide a credit line to support small and medium-sized enterprises in Tunisia.

The agreement was signed on the occasion of the G20-Africa Partnership Conference held on June 12 and 13 in Berlin.

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