Economy

Loan worth $700 million between BCT and Afreximbank approved

A presidential decree No. 2022-369 of April 12, 2022, was published Tuesday in the Official Gazette of the Tunisian Republic, approving the March 14, 2022 deliberation of the Central Bank of Tunisia (BCT) Board of Directors, which authorise the conclusion in the name and on behalf of the State, of a loan agreement worth $700 million with the African Export-Import Bank Afreximbank.

TIA: 6 projects declared for 1377.3 MDT at end of March 2022

Six projects have been declared to the Tunisian Investment Authority (TIA), during the first quarter of 2022, for a cumulative investment budget of 1377.3 MDT, allowing the creation of 1083 jobs.

QNB Group: Q1 net profit rises 9pc to $1 billion

QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, announced its results for the three months ended 31 March 2022.

Tunisia : Trade balance deficit widens to 4,303.8 MD end of March 2022

Tunisia's trade balance deficit widened to 4,303.8 million dinars during the first quarter (Q1) of 2022, against 3,069.3 MD in the same period last year, the National Institute of Statistics (INS) said on Tuesday.

Agriculture Ministry announces increase in prices of grain purchased from farmers

The Agriculture Ministry, on Wednesday, announced an increase in the prices of grain purchased from farmers for the 2022 harvest. The price offered for the purchase of durum wheat will rise from TND 100 to TND 130 /quintal (30% increase), that of soft wheat from TND 80 to TND 100 /quintal (+25%) and barley and triticale from TND 69 to TND 80 /quintal (+16%).

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