Himalaya Diary -Leading News Portal from Nepal, Kathmandu, Asia
  • Home
  • Business
  • News
    • India
    • Nepal
    • South Asia
    • World
  • Education
  • Literature
  • Sports
  • Literary Festival & Event
  • Science & Technology
  • Home
  • Business
  • News
    • India
    • Nepal
    • South Asia
    • World
  • Education
  • Literature
  • Sports
  • Literary Festival & Event
  • Science & Technology
No Result
View All Result
No Result
View All Result
Home News

Tunisia: New US$400 Million Financing to Help Mitigate the Impact of COVID-19

himalaya Diary News Service by himalaya Diary News Service
April 1, 2022
in News, World
0
The World Bank Approves a US$ 700 Million Loan to Promote Ecuador’s Green, Resilient Economic Recovery
0
SHARES
21
VIEWS
Share on FacebookShare on Twitter

WASHINGTON  — The World Bank today approved US$400 million in additional financing for the Tunisia COVID-19 Social Protection Emergency Response Support Project which aims to help about 900,000 vulnerable Tunisian households, or 30% of the total population, to cope with the health and economic impacts of the COVID-19 crisis.

This additional financing will continue to provide cash transfers to poor and low-income households, while strengthening Tunisia’s social protection system. The main purpose is to scale up assistance provided under the parent project to mitigate the medium- and long-term impact of the pandemic and to reinforce resilience to future shocks. It aims to strengthen the AMEN social program and to ensure that cash transfers to poor and vulnerable households are not interrupted. The parent project was approved in March 2021 and became effective three months later.

“As it has everywhere, COVID-19 disproportionately affected the poorest and most vulnerable,” said Alexandre Arrobbio, World Bank Country Manager for Tunisia. “This additional financing supports Tunisia’s response to the impact of the health crisis as well as its plan to build a more effective and adaptive safety net system for vulnerable populations by supporting the country’s efforts to improve their living conditions.”

This new funding tranche will help to increase the AMEN program’s permanent cash transfers coverage from 260,000 to 310,000 beneficiary households, which represents 10% of the population, and will support the Ministry of Social Affairs’ efforts to improve the targeting and identification of poor households. It will also extend family allowance program benefits to around 120,000 children who are five years old and under. This and other measures will help to boost the country’s human capital and to break the cycle of poverty across generations.

 

Advertisement Banner
Previous Post

Less than half of countries are implementing learning recovery strategies at scale to help children catch up

Next Post

Fit-for-Purpose Social Protection Targeting Key to Supporting Those in Need

himalaya Diary News Service

himalaya Diary News Service

Next Post
The World Bank Approves a US$ 700 Million Loan to Promote Ecuador’s Green, Resilient Economic Recovery

Fit-for-Purpose Social Protection Targeting Key to Supporting Those in Need

Recommended

Finance Minister informed that the government is moving forward towards comprehensive improvement to the tax administration

Finance Minister informed that the government is moving forward towards comprehensive improvement to the tax administration

9 months ago
Nepal reports 836 cases as rapid antigen tests added to daily infection tallies

Nepal records 35 cases, 266 recoveries and zero death on Thursday

4 years ago

Don't Miss

Ministry charting out country-focused strategy: Foreign Minister

Ministry charting out country-focused strategy: Foreign Minister

August 4, 2026
Prime Minister Balen Shah holds meeting with Sudurpaschim lawmakers

Prime Minister Balen Shah holds meeting with Sudurpaschim lawmakers

August 4, 2026
Home Minister Sudan Gurung arrives in Lahan amid Madhesh tensions

Home Minister Gurung holds talks with family of deceased Sunsari victim

August 4, 2026
Nepal Govt. to import over 50,000 metric tons of LPG monthly to ease supply shortage

Nepal Govt. to import over 50,000 metric tons of LPG monthly to ease supply shortage

August 4, 2026
Himalaya Diary -Leading News Portal from Nepal, Kathmandu, Asia

Copyright © 2025 Himalaya Diary.

Navigate Site

  • About Us
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Business
  • News
    • India
    • Nepal
    • South Asia
    • World
  • Education
  • Literature
  • Sports
  • Literary Festival & Event
  • Science & Technology

Copyright © 2025 Himalaya Diary.