The African Development Bank, AfDB, Wednesday said it has lent Tunisia €60 million to back the North African country’s economic recovery plan and social inclusion, Webdo Tunis reports. The credit line, according of the bank, will support the dynamics of economic recovery by improving the investment climate, preserving employment and promoting social inclusion through new mechanisms to respond to social challenges, exacerbated by the Covid-19 pandemic. It also supports the improvement of the efficiency of social spending by streamlining social assistance programs and adopting a more targeted approach to beneficiary populations. Tunisia is facing economic challenges further compounded by the impact of the pandemic. The North African country is the worst affected country in the Arab World and in Africa by the pandemic.

Source: The North Africa Journal July 15, 2021 12:11 UTC