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Coronavirus: Arab Monetary Fund to lend $211 mln to Morocco, 98$ mln to Tunisia

Published: (Updated: ) in Australian News by .

The Arab Monetary Fund, a regional lender, has agreed to provide loans of $211 million to Morocco and $98 million to Tunisia to help the North African countries deal with the coronavirus crisis, the

The Arab Monetary Fund, a regional lender, has agreed to provide loans of $211 million to Morocco and $98 million to Tunisia to help the North African countries deal with the coronavirus crisis, the UAE’s state news agency WAM reported on Friday.

Both Morocco and Tunisia rely heavily on the hard-hit tourism sector as a source hard currency.

Developing

Source: News https://english.alarabiya.net/en/coronavirus/2020/06/05/Coronavirus-Arab-Monetary-Fund-to-lend-211-mln-to-Morocco-98-mln-to-Tunisia.html

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