Tag: Tunisian Central bank
Finance Headlines Tunisia

Tunisian Central Bank, latest episode in Kais Saied power-grab

North Africa PostComments Off on Tunisian Central Bank, latest episode in Kais Saied power-grab

President Kais Saied urged lawmakers to end the independence of the monetary policy in the country by adopting a law that would allow the treasury to borrow directly from the central bank. The move is the latest in a series of moves to concentrate all powers in his firm grip, after he sapped the democratic […]
Algeria Finance Headlines Tunisia

Algeria to Iject $150m into Tunisia’s Central Bank

North Africa PostComments Off on Algeria to Iject $150m into Tunisia’s Central Bank

Algeria Sunday pledged to inject $150 million into the Tunisian Central Bank, BCT, in support to its neighbor, which has been struggling financially and economically since the 2011 revolution. President Abdelmadjid Tebboune made pledge during a meeting with Tunisian leader Kais Saied who was on his maiden international visit to Algeria. “Algeria is poised to […]
Algeria Features Headlines Tunisia

Tunisia : Algeria becomes Tunisia’s ‘big brother’

North Africa PostComments Off on Tunisia : Algeria becomes Tunisia’s ‘big brother’

Tunisia’s financial and economic woes have reached worrying stages forcing the government to curb its expenses. The state will be reducing the salaries of its employees. Algeria will be buffing up the coffers of the Tunisian Central bank foreign currency reserves, offer loans and grants that it will help to cover the expenses of the […]