TUNISIAN GARMENT SECTOR WARNS OF MAJOR COMMERCIAL DAMAGE BECAUSE OF COVID19 PRODUCTION STOPPAGE.
March 2nd, 2020
The vice president of the Tunisian Textile and Garment Federation (FTTH) has warned that this important north African outsourcing hub faces harmful disruption from the Covid-19 crisis, despite the proactivity of the Tunisian government. It and the Central Bank of Tunisia have announced emergency measures to support businesses, such as cutting interest rates, delaying the date of tax payments and supporting banks who lend with delayed repayments. A fund of Tunisian Dinars TND2.5 billion (USD870 million) plus further funds including USD400 million from the ...
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