EU removes Tunisia from money laundering blacklist

The European Union (EU) has removed Tunisia from its list of countries that pose threats to the financial system over money laundering and terrorism financing because of lack of legislation at home, reports indicated. The draft document prepared by the European Commission is set to take six countries including Tunisia out the blacklist. The list includes countries which pose significant threats to the financial system of the Union. Banks in the union and other financial and tax firms must check more closely their clients who have operations with countries on…

Through its Tunisia jobs program: USAID awards first approved grant to Dasri Sterile

In response to the COVID-19 crisis in Tunisia, the U.S. Agency for International Development (USAID), through its Tunisia Jobs, Opportunities & Business Success (JOBS) program, is providing assistance to private companies on the front lines of the fight against the pandemic. Tunisia JOBS also supports the Caisse des Dépôts et Consignations (CDC) in rapidly deploying financing to companies impacted by the economic crisis. The first approved grant is awarded to Dasri Sterile, a company specialising in the treatment and disposal of hazardous medical waste. The company is located in El…

Tunisia ranks first in Arab world for freedom of press

Tunisia is the best-performing country in terms of freedom of the press in the Arab world, the World Press Freedom Index compiled by Reporters Without Borders (RSF) revealed yesterday. According to the report, released on World Press Freedom Day Sunday, Lebanon ranked 102nd, Iraq (162th), Algeria (146th), Egypt (166th), and Saudi Arabia (170th) globally. Meanwhile, Syria came in at 174th out of 180 countries for the second consecutive year. Norway topped the Index for the fourth year in a row followed by Finland, Denmark, Sweden and the Netherlands. Journalists in…

WB gives Tunisia $35m for medical equipment to fight against COVID-19

The World Bank will grant Tunisia $35 million for the fight against COVID-19 and to support the health ministry. The WB said in a statement that $20 million of the aid package is earmarked to bolster the capacity of the health system in a bid to support Tunisia’s efforts in stemming COVID-19 which has infected 994 people and caused the death of 41 others. The remaining $15 million makes up a previous support credit allocated early last month as part of COVID-19 accelerated mechanism, the bank said. The WB also…