The International Monetary Fund on Friday approved a $745 million emergency loan for Tunisia as it continues to roll out an unprecedented number of aid packages to countries battling the coronavirus. “These resources will help address urgent fiscal and balance of payments needs stemming from the outbreak of the COVID-19 pandemic” in Tunisia, the IMF said in a statement. The nation has been hit hard by the virus, and the economy is expected to contract by 4.3 percent this year, the fund said, which would be the deepest recession since Tunisia’s independence in 1956. For more coronavirus news, visit our dedicated page. The funding will be used to finance health measures, strengthen social safety nets and help businesses weather the crisis. Tunisia has officially declared more 600 cases of COVID-19, including 25 deaths, since reporting its first case at the beginning of March. The IMF has been moving swiftly to reply to an unheard-of 90 simultaneous requests for crisis funding. On Friday alone, the fund approved loans for Albania, Kosovo, Malta and North Macedonia. IMF Managing Director Kristalina Georgieva said the fund has $1 trillion in lender ammunition available, and the IMF board this week doubled its fast-deploying emergency facilities to $100 billion. Read more: US marks record 2,108 coronavirus deaths in one day, more than 500,000 cases so far Close to 12,000 cases of COVID-19 coronavirus across the GCC: Tally اي استفسار أو طلب خاص بخصوص التوظيف يمكنك التواصل مع الابميل التالي – مجير الموقع : alturky28@gmail.com لطلبات التصميم او البرمجة التواصل مع : hamzalaabar@gmail.com