Qatar to give Tunisia billion dollar aid, provide jobs

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sheikh hamad moncef marzouki
Tunisian President Moncef Marzouki (R) shakes hands with Qatar's Sheikh Hamad bin Khalifa al-Thani in Tunis on 13 January 2012. Photo - Reuters

Tunisia is seeking a $1bn loan from Qatar, half of which will be used by the country’s central bank, the official Tunisian news agency reported.

The Gulf state has also expressed a willingness to provide 20,000 jobs to Tunisians in Qatar, Agence Tunis Afrique Presse quoted Adnen Mnasser, the presidential spokesman, as saying. Tunisian President Moncef Marzouki recently visited Qatar and signed various memorandum of understandings (MoUs).

Official figures suggest Tunisian economy contracted by 1.8% last year. The North African republic is the birthplace of last year’s uprisings that swept across the Arab world.

Tunisian central bank announced last week it received a $500m loan from Qatari. The five-year loan carries an annual interest rate of 2.5 percent, it added.

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