Analysis by Region - Africa - Tunisia

Increasingly, the Central Bank of Tunisia (BCT) is coming under threat of losing its independence. President Kaïs Saïed met with BCT Governor Fathi Zouhaïr Nouri in February, during which Mr Saïed announced more changes to the legislation governing the bank. These changes will come at a cost, with the possibility of increased inflationary pressures and lower FX reserves. In the same month, Mr Saïed replaced Finance Minister Sihem Boughdiri with a judge, Mishkat Al-Khaldi. Given the state of public finances, the incoming minister has inherited a tricky portfolio.


Tunisia: Patching up deep-seated issues
Forecast overview
Recent developments
Short-term forecast
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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