The Jeddah-based Islamic Development Bank (ISDB) plans to lend Tunisia $280 million to tackle the coronavirus crisis, a government source told Reuters on Thursday, as part of an urgent aid package to support member states.
The bank said on Twitter that the bank had allocated $2.3 billion to help member states combat the pandemic.
Tunisia has confirmed 628 cases of the virus and 24 deaths. The infection is hammering its vital tourism sector which represents nearly 10% of gross domestic product.
The loan will be allocated to finance the central pharmacy to support the country’s ability to purchase medicines and to support the health ministry.
Source: MarketScreener