(2 minutes read)
· The World Bank today approved a new US$20 million project to
support Tunisia to meet its financial exigencies on account of the
Covid-19, particularly for strengthening the health sector’s response
capacity.
· The Fund also will enable the country to strengthen its
social safety nets, helping small and medium-size enterprises, and
creating the conditions for economic recovery.
The World Bank today approved a new US$20 million project to support
Tunisia to meet its financial exigencies on account of the Covid-19,
particularly for strengthening the health sector’s response capacity.
The new project, approved under the World Bank’s COVID-19 fast track
facility, complements an earlier allocation of US$15 million, which
was made available in early April for emergency health expenditures by
using funds from an existing project- the Irrigation Agriculture
Intensification Project in Tunisia. The US$ 35 million assistance from
the World Bank will provide Tunisia’s Ministry of Health with
essential equipment and medical supplies to reinforce its COVID 19
response and prevention capacity.
The Fund also will enable the country to strengthen its social safety
nets, helping small and medium-size enterprises, and creating the
conditions for economic recovery. The World Bank is making available
US$100 million of its existing portfolio reallocated to finance
additional social benefits and grants to small and medium-size
enterprises.
