Tunisia secures US$335m financial aid from U.S to maintain its democratic transition.
Just barely a month after the death of Tunisia’s 92-year old President, Beji Caid Essebsi; who was also a major player in the country’s transition to democracy. The North African country, Tunisia have now reached an agreement to get a financial aid worth US$335 million over five years from the United States (U.S); so as to continue in supporting its democratic transition.
The Tunisian Development and International Cooperation Ministry revealed info about this agreement on Wednesday (28th August, 2019). US Agency for International Development (USAID) will finance the US$335m financial aid.
According to the Tunisian Development and International Cooperation Ministry; “the Aid will be for funding projects that encourage private initiative, create new employment opportunities for young people, and also improve governance towards supporting democratic transition”.