Federal lawmakers have approved loan agreements totaling 190 million euros with the French Development Agency (FDA) and the European Investment Bank (EIB). Of this, a 110 million euro loan comes from the EIB, while the remaining 80 million euros is from the FDA. The two loan agreements were ratified during last week’s regular parliamentary session. The Council of Ministers had forwarded the two loan agreements to the House two weeks earlier. At the time of submission, it was reported that both loans are aligned with the Homegrown Economic Reform agenda.
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