Bill aims to remove Tunisian central bank’s independence
Proposed law would also allow direct monetary financing of Treasury
Tunisian members of parliament today (October 18) put forward a bill that would strip the central bank of its independence.
The proposed law would take away the Central Bank of Tunisia’s autonomous power to set interest rates, according to Reuters. Instead, the central bank would only be allowed to set rates in consultation with the government.
The proposed law would also make it legal for the central bank to lend directly to the government. A series of economic and fiscal crises over recent years
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