Robert Zoellick, the World Bank President, has announced that it will be lending Tunisian US$ 1.5 billion and Egypt US$ 4.5 billion over the next two years.
The release of these amounts is linked with the countries? progress in modernizing their economies in order to generate more opportunities for their populations. Earlier this year, both nations had witnessed protests which resulted in a change of their respective governments.
� 2011 Al Bawaba (www.albawaba.com)
Source: http://www1.albawaba.com/main-headlines/fresh-loans-world-bank-tunisia-and-egypt
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