2024-11-26 20:22:00
The Emergency Food Security Support Project will have a series of objectives that will help combat the problem of food insecurity, while strengthening Tunisia’s economy and self-sufficiency.
In March 2024, the World Bank Board of Directors approved two loans worth $520 million to strengthen the Tunisian economy. These loans should be used to finance two projects aimed at combating food insecurity and reducing regional inequalities in Tunisia. High unemployment, a five-year drought and the country’s dependence on agricultural imports have amplified inflation rates (6.7% last October) and led to numerous food shortages in the country. The Emergency Support for Food Security (Pausat) project will have a series of objectives that will help combat the problem of food insecurity, while strengthening Tunisia’s economy and self-sufficiency. The second loan will focus on Tunisia’s economic development corridor project. It will focus on urban infrastructure along the Kasserine-Sidi Bouzid-Sfax corridor.
Read the full article in our paper version of November 27, 2024
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