World Bank approves two new loans for Tunisia

World Bank approves two new loans for Tunisia

The World Bank approved two new loans worth US$520 million this week, providing additional financing to address Tunisia’s food security challenge. 

A loan of US$300 million will supplement the Emergency Food Security Response Project, which is helping to cope with the impact of four consecutive years of drought in Tunisia, including a difficult cereal harvest in 2023. 

The second loan of US$220 million is earmarked for infrastructure development along the Tunisia Economic Development Corridor project.

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