Categories: Dossier

Kaïs Saïed to the Banks: What is given with the right hand cannot be taken away with the left

President Receives the 2024 Financial Statements of the Central Bank

On Monday, April 7, 2025, at the Carthage Palace, the President of the Republic, Kaïs Saïed, welcomed the Governor of the Central Bank of Tunisia, Fethi Zouhair Nouri.

The latter submitted to the President with the financial statements of the institution for the fiscal year 2024, along with the report from the auditors.

Call for Mobilization of the Public Banking Sector

On this occasion, Kaïs Saïed reaffirmed the crucial role of the Central Bank in implementing the laws of the Tunisian state, especially concerning all banking institutions operating in the country. The President stressed the necessity for all banks—first and foremost public establishments, to fully engage in what he called the “national battle for economic liberation.”

In a firm tone, the President said: “What is given with the right hand cannot be taken back with the left hand, under any pretext.” He underscored that all banking institutions, regardless of their designation, are legally obligated to comply with the circulars issued by the Central Bank.

Distinction Between Functional Independence and State Sovereignty

Concerning the concept of the independence of the Central Bank, President Saïed reminded that this independence is within the framework of the national policies defined by the laws of the state. He clearly distinguished between “functional independence” in monetary matters and “independence from the state,” which does not apply to a public institution.

The President reiterated that the Central Bank is expected to actively support the country’s economic development efforts.

Control of Inflation: A Success to Be Consolidated

The President of the Republic also hailed the efforts made in controlling the inflation rate, emphasizing that this achievement results from a “purely national choice.” He encouraged the Central Bank to continue on this path, doubling efforts to achieve even better results for the Tunisian economy.

This meeting takes place in a context marked by major economic challenges and a firm presidential will to strengthen Tunisia’s economic sovereignty through national mobilization, particularly in the banking sector.

 
 
 
R

Leave a Comment
Share
Published by
R

Recent Posts

Happening in Egypt: A ‘public altercation’ between two state officials in front of the cameras! (Video)

In an unprecedented incident, a public dispute between two officials in the Egyptian government was…

12 heures ago

Mezzouna High School Principal Taken into Police Custody for Manslaughter

In a statement to National Radio, Jawhar Gabsi, spokesperson for the Sidi Bouzid Court of…

13 heures ago

Next round of US-Iran talks to be held in Rome

The second round of nuclear talks between the United States and Iranian delegations will take place in…

13 heures ago

US may close 30 embassies, consulates worldwide

The United States administration is considering the closure of nearly 30 foreign embassies and consulates…

19 heures ago

Mezzouna tragedy: Director General of Health visits Sfax to monitor condition of injured [Video]

As part of the ongoing monitoring of the health condition of the two students wounded…

19 heures ago

Sidi Bouzid: Earthquake in Menzel Bouzaiane

In an update on the country's seismic activity, the INM's seismological stations registered a tremor…

19 heures ago

This website uses cookies.