Sovereign guarantees for phosphate loans and an Afreximbank budget loan go before parliament
From Tuesday, July 28 at the Bardo Palace, the Assembly of the Representatives of the People takes up the guarantee agreement signed on 3 November 2025 with the European Bank for Reconstruction and Development (EBRD) for a loan to the Gafsa Phosphate Company (CPG): new mining equipment and a modern high-pressure filtration unit for wastewater: plus two guarantee agreements concluded on 1 and 2 December 2025 with the International Islamic Trade Finance Corporation (ITFC) covering murabaha operations that finance fertiliser imports for the Tunisian Chemical Group (GCT). La Presse, relaying the Assembly's communiqué, adds a fourth text: a second amendment to the loan contract between the central bank, acting for the state, and Afreximbank, to finance part of the state budget: an item absent from the parliamentary bureau's own statement of 23 July and so far reported by that outlet alone. The chamber then closes its fourth ordinary session under article 71 of the constitution, on an agenda that shows how far both the phosphate recovery and the budget rest on guaranteed external borrowing in a country with no IMF programme.