Tunisian governor warns country needs IMF deal after latest hike
Country faces rising inflation as foreign exchange dwindles and political crisis continues
The Central Bank of Tunisia raised its policy rate by 75 basis points on December 30, to 8%, in its third increase of 2022.
Central bank governor Marouane Al Abassi warned the government urgently needed to agree terms of a loan with the International Monetary Fund. He said year-on-year inflation could rise from its November level of 9.8% to 11% this year.
The central bank raised rates by 75bp in May and 25bp in October. In its press statement, the central bank’s board of directors said core
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