Thursday 6 October 2011

gulfnews : Stability is priority for Arab Spring nations

The international community, especially the European Union, has pledged an aid package of hundreds of millions of euros in support of the Arab Spring in Tunisia, Egypt and Libya, so as to help them continue on the path to democracy and rebuild their economies.

The total amount pledged by various countries and international organisations reached $40 billion (Dh146.9 billion), including $20 billion of aid and loans to Egypt and Tunisia over the next two years, to encourage them to carry out economic reforms that help stimulate economic growth.

The promise of aid packages was made specifically to Egypt and Tunisia, before Libya joined them on the path to democracy, so as to contribute to the recovery of the economies of these countries.

1 comment: