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Tunisian President Kais Saied appears to be constructing a new economic strategy. While he has previously outlined his priorities with broad strokes, like fighting corruption and defending sovereignty, he has recently begun to add greater detail, adopting a personalized approach that appears to be attempting to bypass the existing corporatist structures.
The Tunisian Parliament on Tuesday approved a government request for direct financing from the central bank worth 7 billion dinars , in a move aimed at paying off urgent foreign debts, including... -February 06, 2024 at 05:20 pm EST - MarketScreener
Risking hyper-inflation and a run on the dinar, the President is pushing for a bigger state overdraft, President Kaïs Saïed is piling on the pressure for Tunisia's central bank to become the latest African bank to provide billions of dollars in direct budget finance, a move which economists warn is likely to lead to inflation and a currency collapse.
Officials from the IMF, the World Bank and Italy have all commented on the proposed bailout package this week as a Tunisian delegation joins the spring meeting of the multilateral institutions in Washington.
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The European commissioner had been scheduled to conclude his visit with a discussion with the Tunisian President