The European Union will release €300 million on June 1 to assist Tunisia in its fight against the global pandemic that has caused the death of 12,451 in the North African country. Marcus Cornaro, the envoy of the EU commission to Tunisia informed Prime Minister Hichem Mechichi of the release of the funds, the first tranche of a €600-million loan agreement aiming at helping Tunisia cope with the socio-economic impact of the pandemic in 2021. The country’s timid rise from years of uncertainty that ensued the 2011 revolution, has been battered by the pandemic which took toll on the economy. Tunisia’s central bank forecasted a shrink in the economic growth due to the pandemic. The toll of infection since the appearance of the case has hit 340,250 while the count of fatalities stands at 12,451.

Source: The North Africa Journal May 29, 2021 11:03 UTC