Tunisia-Oueidat : “Minister of Finance provided several reassurances concerning borrowing from Central Bank” [Video]

Finance Minister Sihem Boughdiri Nemsia has confirmed that a portion of the loan received from the Central Bank to fund the state budget will be allocated to investments following the repayment of debts. This initiative seeks to rejuvenate different institutions and reintegrate them into the production cycle, the head of the Sovereign National Line bloc Abdel Razzaq Oueidat told Tunisie Numérique.

Oueidat underscored the pressing necessity for the Tunisian government to settle its debts while confronting limited alternative funding sources due to perceived injustices in the conditions inflicted by the International Monetary Fund. He highlighted the significance of finding internal solutions to navigate through this crisis.

Furthermore, Oueidat highlighted the provisional nature of this measure, pending the enactment of legislation to regulate the operations of the Central Bank. This move aims to ease state borrowing from the Central Bank while guaranteeing proper governance and oversight.