France holds up €50m Tunisian loan because of traceability concerns

France promised to loan Tunisia €100m at the end of 2020. It paid out the first installment in 2021 but has delayed paying out the estimated €50m second tranche. The loan, the first part of which was released in 2021, was part of a "public policy" package but aid of this kind is subject to strict traceability and management criteria which Tunisia's state-owned enterprises are unable to guarantee at present. [...] (191 words)
Issue dated 24/10/2022

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