Thursday 26 April 2012

Qatar offers $1bn loan to tide over battered Tunisian economy, says govt spokesman - The Washington Post

Qatar has offered Tunisia a $1 billion low interest loan to bolster the North African country’s battered economy, Tunisia’s presidential spokesman announced Wednesday.

The tiny gas-rich Gulf monarchy has also offered 20,000 job openings to Tunisia’s myriad unemployed university graduates, added spokesman Adnan Mancer in remarks to journalists.

Tunisia’s January 2011 overthrow of its long-serving dictator kicked off a wave of pro-democracy uprising across the region, but also dealt a devastating blow to an economy heavily reliant on tourism and foreign investment.

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