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.