News Coronavirus watch24 Mar 2020

Tunisia:Insurance federation donates $681k to COVID-19 fund

| 24 Mar 2020

The Tunisian Federation of Insurance Companies (FTUSA) said it will contribute TND2m ($681,000) to the COVID-19 Solidarity Fund 1818, adding strength to the collective fight against the spread of coronavirus

FTUSA has also urged the insurance sector to react positively in order to increase the fund’s resources and support efforts to fight COVID-19 and to show solidarity among all members of Tunisian society in these exceptional conditions.

The federation emphasised that insurance companies have taken all measures to ensure they continue their normal operations, making available to them all means to help them overcome this challenging period.

The North African country has reported 60 confirmed cases of coronavirus and three deaths as of 22 March. As the situation worsens, the Tunisian government is reportedly allocating TND2.5bn to combat the economic and social effects of the coronavirus health crisis.

The measures include delaying tax debts, postponing taxes on SMEs, delaying repayment of low-income employee loans and providing financial loans and aid to companies and Tunisians who are affected by the coronavirus crisis.


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