World Bank to lend Tunisia $250 mn

[World News]

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The World Bank announced late Tuesday it will lend Tunisia $250 million in support of key reforms in a country that is still suffering economic fallout from the 2011 revolution. Tunisia's economy suffered greatly from instability that followed the 2011 revolution that toppled dictator Zine El Abidine Ben Ali. "This loan is an effort... to assist Tunisia in creating the conditions for the social and economic changes that Tunisians took to the streets for," said Simon Gray, World Bank country director for the Maghreb. Prime Minister Mehdi Jomaa has admitted the need for unpopular reforms in a country where government jobs account for a third of the state budget.

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