World Bank News Release: Loan and Credit Summary
WASHINGTON, June 12, 2020 - The World Bank’s Board of Executive Directors today approved the following project:
Tunisia - First Resilience and Recovery Emergency Development Policy Financing
IBRD LOAN: US$175 million equivalent
Project ID: P173324
Final Maturity: 35 years, Grace Period: 7.5 years
Project Description: This emergency crisis response operation is to help Tunisia mitigate the impact of the COVID-19 crisis (which is pushing Tunisia towards its deepest recession since the 1960s) and build stronger resilience to shocks.