Central Bank of Tunisia Maintains Key Interest Rate at 8%
During its meeting on December 28, 2024, the Board of Directors of the Central Bank of Tunisia (BCT) decided to keep its key interest rate unchanged at 8%. This decision comes amidst an economic context where inflation remains relatively high, with significant upward risks.
The Board took into account the latest economic developments, both internationally and nationally. On the international front, although central banks have made significant progress in controlling inflation, it remains under pressure, particularly underlying inflation. This has led some central banks to adopt a cautious approach to monetary policy, favoring measured adjustments to ensure long-term price stability.
At the national level, Tunisia experienced modest but sustained economic growth in 2024, with a 1.8% increase in the third quarter. Domestic demand supported this dynamic, although challenges persist, notably in terms of public finances and inflationary pressures.
The maintenance of the key interest rate at 8% reflects the BCT's commitment to combating persistent inflation while ensuring price stability and the country's economic resilience.
