Tunisia’s president ‘gambling’ with central bank
Analysts say ruler’s attempts to erode bank’s independence create serious risks for economy
Attempts by Tunisia’s president to erode the central bank’s independence could have serious consequences for the country’s economy, analysts tell Central Banking.
Bassem Snaije, associate professor of economics at Sciences Po in Paris, tells Central Banking that president Kais Saied is using central bank funds to finance his government’s deficit while he looks for more long-term funding elsewhere.
An amendment to the central bank law, passed last February, forced the Central Bank of Tunisia to
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