On Thursday, Saudi Arabia signed agreements with Tunisia to provide 500 million U.S. dollars to help finance Tunisia’s state budget.
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According to official statements, at the government headquarters in Tunis, in the presence of Tunisian Prime Minister Najla Bouden Romdhane, the agreements were signed by Tunisian Finance Minister Sihem Namsia and her Saudi counterpart Mohammed bin Abdullah Al-Jadaan.
Official reports show that the agreements included the provision of a soft loan of 400 million dollars and a grant worth 100 million dollars to support the Tunisian economy.
According to Namsia, the signing of these agreements “is part of the consolidation of bilateral ties and long-standing cooperation between the two countries.”
#SaudiArabia’s Foreign Minister Prince Faisal bin Farhan and his #Tunisia counterpart Nabil Ammar (@MfaNabilAMMAR) discuss ways of developing bilateral relations in various fields @KSAmofaEN https://t.co/pNnuM5mrzm pic.twitter.com/eD1pJg1yKh
— Arab News (@arabnews)
July 20, 2023
“These agreements aim to support the Tunisian economy to come out of its crisis,” Saudi Arabia’s Ambassador to Tunisia Abdulaziz bin Ali Al-Saqr said in an official statement.
The Saudi minister also stated that these agreements testified to the solidity of the relations between the two countries and the efforts made by Saudi Arabia to support the revival of the Tunisian economy.
Official data shows that the financial assistance comes at a crucial time when Tunisia is navigating economic challenges and seeking avenues to promote growth and stability.
