![EU loans Tunisia €200m for SMEs financing EU loans Tunisia €200m for SMEs financing](https://northafricapost.com/wp-content/uploads/2022/01/loan.jpg)
EU loans Tunisia €200m for SMEs financing
Tunisia has ratified a loan agreement with the European Union for €200 million to be tapped by the country’s Small and Medium Enterprises (SMEs).
The deal for the credit line which includes €50 million in form of grant, was signed back in June last year and covers the 2021-2023 period.
The financing aims to boost the engines of socio-economic growth, to enhance human capital, to promote rational and sustainable management of resources and to support innovation in order to reposition Tunisia on the international markets, Tunisie Numerique reports.