World Bank lends Tunisia $130 mn for grains hit by Ukraine war ...Kuwait

The World Bank has announced a $130-million loan to help Tunisia cover the cost of cereal imports whose prices have spiralled since Russia's invasion of Ukraine. The package aimed "to lessen the impact of the Ukraine war by financing vital soft wheat imports and providing emergency support to cover barley imports for dairy production," the lender said. It would also help buy "seeds for smallholder farmers for the upcoming planting season," it said in a statement late Tuesday. Tunisia was already dealing with heavy public debt, a low credit rating and steep inflation before the Ukraine war, and has been left reeling by Russia's military blockade of Ukrainian ports on t

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