World Bank Funding to strengthening Tunisia’s social protection system.

The World Bank has approved an additional $400 million in funding for the COVID-19 Social Protection Emergency Response Support Project in Tunisia, which aims to assist about 900,000 vulnerable Tunisian households, or 30% of the total population, in dealing with the health and economic effects of the COVID-19 crisis.

Extra money will be used for cash transfers to poor and low-income households, while also bolstering Tunisia's social safety net. With the primary goal of enhancing long- and medium-term resiliency and mitigating the impact of the pandemic, the parent project will be scaled up to provide even more support. The AMEN social program will be strengthened, and cash transfers to low-income and vulnerable households will not be disrupted, as a result. Three months after the project's approval in March 2021, the parent project went into effect as well.

According to World Bank Country Manager for Tunisia Alexandre Arrobbio: "As it has everywhere, COVID-19 disproportionately affected the poorest and most vulnerable". It is important that Tunisia's response to the health crisis, as well as its plan to build a more effective and adaptive safety net system for vulnerable populations, be backed up by additional funding.

The COVID-19 Response from the World Bank Group

More than half of the countries supported by the Bank's COVID-19 vaccine purchase and distribution program are in low- and middle-income countries in Africa. In order to accomplish this, it has set aside US$20 billion in funding until the end of 2022.

This funding is critical in Africa especially because it will help us overcome this pandemic, prepare for future epidemics, reduce the impact on vulnerable populations, and address the root causes.

To Read more of this Story Visit Link Below:

https://bit.ly/3KmsFJR