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LOANS & CREDITS June 12, 2020

Tunisia - First Resilience and Recovery Emergency Development Policy Financing

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.


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