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Tunisia’s balance of payments: The paradox of a strong dinar against the dollar and a persistent deficit

Tunisia’s external balance of payments data, compiled according to the IMF’s sixth edition of the Balance of Payments Manual (BPM6), presents a mixed picture....

The BCT facing budgetary mirror: A stress test of 2026 projections

The 2025 Annual Report of the Central Bank of Tunisia (BCT) is a document with two layers. On the surface, it presents a respectable...

Universities as soft power: Tunisia expands its academic influence in Africa

As African countries compete to strengthen their position on the continent and beyond, universities are increasingly emerging as strategic assets that extend far beyond...

Afreximbank in Tunis: a “trade center” that is anything but commercial

The Afreximbank project in Tunisia is poorly named and misunderstood. It is neither a mall nor a shopping center. It is a business infrastructure,...

Of all deficits, the energy deficit is the most worrying for Tunisia

The recent war against Iran and tensions in the Strait of Hormuz have exacerbated the difficulties of the Tunisian economy by driving up global...

Tunisia: Monetary policy held captive by budget? Diagnosis comes from a Central Bank Working Paper

Some documents matter as much for what they say as for where they come from. Working Paper No. 1-2024 of the Central Bank of...

Seeking stronger links between higher education and labor market

Improving the quality of education and enhancing graduates’ skills is one of the major objectives of Tunisia’s 2026–2030 Development Plan, recently reviewed by the...

Financial transparency: When institutions face delays that raise questions

Financial transparency remains an uneven promise in Tunisia. From the Central Bank of Tunisia (BCT) to the Ministry of Finance and the Financial Market...

Small amounts, legitimate funds: CTAF maps an almost invisible form of terrorism financing

What if terrorism were financed with pocket change? What if the challenge was not wanting to see it, but being able to detect it?...

STEG, burdened by debt and struggling to recover outstanding payments

The Tunisian Electricity and Gas Company (STEG) is heavily indebted, with its debt reaching around 7.356 billion dinars as of June 23, 2026, while...

One in two direct debit payments rejected, a quiet sign of household finances reaching breaking point

The sixteenth edition of the Central Bank of Tunisia’s (BCT) “Payments in Figures” bulletin for the first quarter of 2026 contains a figure worth...

“Finacorp: A broker losing money—How serious is it?”

The financial statements of Finacorp, a stockbroker on the Tunis Stock Exchange (TSE), as of December 31, 2025, paint the picture of a company...
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