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Tunisia needs $125 billion in funding over five years - report

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-29-11 08:52 AM
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Tunisia needs $125 billion in funding over five years - report
http://uk.reuters.com/article/2011/05/29/uk-tunisia-economy-idUKTRE74S13U20110529

(Reuters) - Tunisia's government said it needs $125 billion (75 billion pounds) in funding over the next five years to finance a massive economic programme aimed at boosting growth and cutting unemployment, state-run news agency TAP said on Sunday.

The government presented a plan to support its new development programme to the Group of Eight Summit in Deauville earlier this week, TAP said, at which G8 nations pledged $25 billion in loans to Tunisia.

Public consultation is set to begin in Tunisia on the programme, which will address good governance, the modernization of infrastructure, human resource development, economic integration in the global markets and the modernization of the financial sector.

The agency gave no details of the source of the extra funds.
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