Obama: US to provide loan guarantees for Tunisia

Published April 4, 2014 9:02pm ET



WASHINGTON (AP) — The United States is providing $500 million in new assistance to Tunisia, the birthplace of the Arab Spring movement, to help the North African nation revive its faltering economy as it continues its march toward democracy and financial and political stability after a period of unrest.

President Barack Obama announced the aid Friday as he sat down with Mehdi Jomaa, the country’s interim prime minister.

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