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Foreign investment in Tunisia up 73 pct in first quarter, says agency

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Foreign investments in Tunisia rose by 73 percent in the first three months of 2022 compared to the same period a year earlier, the Foreign Investment Promotion Agency reported, according to Tunisia’s state news agency.

The European Union said in March it planned to lend 450 million euros ($475 million) to support Tunisia’s budget and said it would invest 4 billion euros in coming years.

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The North African country has been seeking international help to support its strained public finances.

Read more: Tunisian president Kais Saied’s backers rally to demand clampdown on opposition

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