HomeNewsTunisia: BCT says it is "deeply concerned," urges avoiding monetary financing!

Tunisia: BCT says it is “deeply concerned,” urges avoiding monetary financing!

The Executive Board of the Central Bank of Tunisia (BCT) expressed at its meeting Wednesday “its deep concern about the delay in mobilizing external resources needed to finance the state budget for 2022. It urges all stakeholders to reach a consensus on the reform program to engage in negotiations with the International Monetary Fund on a new program.”

The Board, which also includes representatives of the Ministry of Finance, also “stressed the importance of the Government’s commitment to carry out structural reforms to boost economic growth and ensure sound fiscal management that provides access to the external resources needed to finance the State budget for 2022 and avoid any recourse to monetary financing, the consequences of which would be detrimental to monetary and financial stability.”

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