Tunisia, Algeria to Receive World Bank Loans

Published June 30th, 2000 - 02:00 GMT

The World Bank announced on Wednesday a series of loans to Tunisia, Algeria and Mali to boost the economic situation in the three African countries, reported Arabicnews.com 

Tunisia will get two loans worth $200 million to carry out a drinking water supply and an education projects, while the loan to Algeria, worth $ 97.6 million, will serve to finance a rehabilitation project for the earthquake-stricken region of Ain Temouchent, reform the telecommunication and posts sector and support the privatization program in the country. 

The agency added that Mali will get a $ 21 million loan to improve its financial sector competitiveness and performances, by supporting the country's private sector, improving the training of human resources and consolidating micro-loans organizations – Albawaba.com 


© 2000 Al Bawaba (www.albawaba.com)

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