The World Bank approved on April 30 under an accelerated financing mechanism, the additional disbursement of 20 million to help Tunisia strengthen its health system in this pandemic.
Before this new support, Tunisia had obtained $15 million from the institution earlier in April, through the fund of an existing project, namely the Irrigation Agriculture Intensification Project in Tunisia.
The cumulative total of $35 million will provide the Tunisian Ministry of Health with essential medical equipment and supplies to strengthen its capacity for covid-19 response and prevention.
According to the World Bank, assistance to Tunisia during the covid-19 crisis is intended to support the government's economic measures, the emergency efforts of the Ministry of Health, including the strengthening of social and social safety nets, assistance to small and medium enterprises and the creation of conditions for economic recovery.
To this end, the institution reports that up to an additional $100 million will be reallocated to finance additional social benefits and grants to small and medium-sized enterprises.
World Bank Country Officer Tony Verheijen (photo) said: We are currently working in close collaboration with the Tunisian government to support its health, social and economic measures, using new and existing funds, to help the Tunisian people in overcoming this crisis and in restarting the economy on a strong footing.”
According to the International Monetary Fund (IMF), the Tunisian economy, which is emerging from several years of crisis, is expected to contract by 4.3% this year. The latest data on the Covid-19 as of May 4 reported 1,018 confirmed cases, with 43 deaths in the country.
André Chadrak
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...
EU launches €11 million projects in Kolwezi, targeting trade and youth skills €6M eases Lobito Corridor customs; €5M boosts digital job...
Government seeks closer ties between training and employer needs Reform promotes apprenticeships and employer-led curricula Private sector...
EU commits $336 million to fund seven priority projects in Nigeria Funds target digital infrastructure, healthcare, agriculture, and...
DR Congo plans Congo Airways overhaul after persistent operational failures Probe found governance, financial and compliance weaknesses at state...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...