The interventions of the Central Bank of Tunisia (BCT) on the money market, carried out as part of monetary policy implementation, increased by 114 million dinars (+1.4%), reaching 8,264 million dinars at the end of the 2025 financial year, compared to 8,150 million dinars at the end of December 2024, according to the bank’s 2025 financial statements and the auditors’ report.
In this context, chartered accountant and banking advisor Sofiene Ourimi stated on Express FMon Wednesday, May 6, 2026, that the central bank’s gold reserves increased from 1,100 million dinars to 1,600 million dinars, driven by rising global gold prices and the appreciation of the US dollar against the dinar.
He added that the bank’s foreign exchange reserves amounted to around 25 billion dinars as of December 31, 2025, noting that part of this corresponds to the central bank’s participations in international financial institutions.
He also explained that the central bank’s role in refinancing commercial banks remains central, with refinancing volume reaching about 8 billion dinars by the end of 2025.
Regarding state budget financing, he indicated that central bank intervention reached 13.55 billion dinars by the end of 2025, split between 7 billion dinars in 2024 and 6.55 billion dinars in 2025.
He further noted that cash in circulation outside the banking system stood at 26.8 billion dinars at the end of 2025, reflecting the significant amount of money held outside formal banking channels.
Ourimi stated that the Central Bank of Tunisia posted a net profit of 1.153 billion dinars for 2025, part of which will be transferred to the state budget.
These profits mainly come from interest generated through bank refinancing operations and foreign exchange activities, offset by various expenses, including payroll costs.
It is worth noting that the central bank’s Executive Board, during its meeting on March 30, 2026, approved the allocation of the 2025 result, including the setting aside of 181 million dinars as a special reserve to strengthen the bank’s equity capital.
