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Tunisia - Classified Road Network Development Project – Phase IV – Project Completion Report


On 5 May 2005, the Bank adopted new financial conditions (abolition of commitment fees) applicable to loans for middle-income regional member countries (MICs). The 10-month delay in the loan signing and effectiveness process was the time taken by both parties to reach an agreement for the Bank to apply the new conditions to the loan for this project(Tunisian Government's request and consideration by the Bank).

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