Economy

Tunisia-BCT keeps its key interest rate unchanged

The Board of Directors of the Central Bank of Tunisia (BCT) which was held remotely on Monday, November 30, 2020, determined to keep the key interest rate unchanged.

In a statement, the BCT’s board stipulated that “after consultations and discussions on the aforementioned points, the Council asserted that in view of the uncertainties enclosing the outlook of the national economic and financial situation, Adding to the persistence of the consequences of the second wave of the COVID-19 pandemic, it is necessary to coordinate the efforts of all parties concerned to achieve political and social stability, a significant agent to revive production capacities, particularly in vital sectors such as the extractive industries and set in place amelioration directed at stimulating the economy as part of an economic plan which defines, in particular, the sectoral policies to be adopted while improving the business climate and ensuring sustainability major financial balances “.

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