Tunisia-Issam Chouchane presents Finance Committee’s expectations about revising exchange rate law

 The Chairman of the Finance Committee revealed that it is expected that the revisions will include principal points that serve the interest of the nation and citizens inside and outside the country, including residency conditions, which are set in the current exchange code for two years, and this condition is not in line with the current time and with the aspirations of… The Tunisian people; underscoring that according to the data available to them, the residency requirements will be within the limits of 136 days, that is, 6 consecutive or non-consecutive months. T

 

The speaker stressed that among the revisions that it is hoped will be included in the exchange magazine is regulating the conditions linked to the founders of small emerging enterprises, “Startup”, which have become widely present in Tunisia and carry out transactions with developed countries and even with third world countries. Consequently, the current exchange code represented a significant obstacle for them, and it is essential to improve the status of these companies and enact a law that is in line with technological development and makes them a contributing party in bringing hard currency to the country,. As for the third point, Chouchane stated that it must be at the level of amending the conditions for obtaining a bank account in hard currency, and this must take into account citizens abroad as well as Tunisians inside the homeland.