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Tunisia Votes To Allow Central Bank To Finance Budget

by
February 8, 2024
in Finance
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The Assembly of People’s Representatives approved by a large majority of 92 votes out of 133 an amendment to an article that prohibited the central bank from financing the public treasury.

The new measure allows the central bank to lend the state 7 billion Tunisian dinars ($2.2 billion) to be repaid without interest in 10 years after a three-year grace period.

The loan is intended to partially fill the budget deficit of 28.7 billion dinars…



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