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  • Updated: April 06, 2022

World Bank Signs $400 Million Dollar Loan Deal With Tunisia

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Quadri Adejumo
Quadri Adejumo

Quadri Adejumo is a reporter, sports column writer, opinion and profile writer. He tweets via @...

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The World Bank signed a $400 million loan agreement with Tunisia on Wednesday.

This is to help the country mitigate the impact of the COVID-19 pandemic, Anadolu News Agency reports.

The reports claims the agreement was signed by Tunisian Minister of Economy and Planning, Samir Saied, and the World Bank Country Manager for Tunisia, Alexandre Arrobbio.

The Daily Sabah also reports the loan agreement was the second, after the World Bank provided the North African nation with a loan of $300 million last week to finance the emergency project for social protection, bringing the total funding to $700 million.

It was said that the funding will help around 310,000 vulnerable and low-income households in Tunisia.

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Quadri Adejumo
Quadri Adejumo

Quadri Adejumo is a reporter, sports column writer, opinion and profile writer. He tweets via @...

More From this Author

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