INSUBCONTINENT EXCLUSIVE:
The World Bank has authorized a $120 million loan for Tunisia to support access to finance for Tunisian small and medium enterprises, the
bank stated in statement.The project intends to address the main long-lasting liquidity constraints dealt with by Tunisian companies by
funding long-term credit lines that will be on-lent by the Ministry of Finance to getting involved financial institutions
The COVID-19 pandemic and the war in Ukraine have caused macroeconomic imbalances in Tunisia, which have actually exacerbated challenges
dealt with by SMEs and weakened their efficiency and monetary health, said Alexandre Arrobbio, World Bank Country Manager for
Tunisia.Source-- Reuters-Agencies
