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World Bank Approves Additional Financing of $90 Million for Tunisia

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Tunis, March 28 (QNA) - The Board of Executive Directors of the World Bank has approved additional financing of $90 million for the Social Development Promotion Support Project in Tunisia.

A statement by the Bank said this support will help people build better opportunities for their lives and strengthen pathways to livelihoods.

The new financing builds on the strong results of the original $700 million project implemented over the past five years, which delivered emergency cash transfers to over 895,000 households, and expanded permanent cash transfers under the AMEN program to more than 386,000 beneficiary households while providing family allowances for over 150,000 children aged 0 to 5.

"This additional financing reflects our continued commitment to supporting Tunisia in building a social protection system that is more comprehensive, adaptive, and resilient," said Alexandre Arrobbio, World Bank Country Manager for Tunisia. (QNA)

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