Recent Statement from Conect: The Need for Constructive Dialogue on the Implementation of BCT's Circular n° 2026-04
According to a recent statement from Conect, the Tunisian employers' organization, there is a pressing need for constructive dialogue with the key players in the economy to accompany the implementation of the Central Bank of Tunisia's (BCT) circular n° 2026-04.
Conect emphasizes that while preserving foreign exchange reserves is a shared objective, it is essential to balance this requirement with growth, employment, and competitiveness. To achieve this, the organization proposes 7 key recommendations to adjust the system and avoid undesirable consequences:
- Structured Dialogue and Consultation: Bring together the BCT, relevant ministries, and employers' organizations to jointly assess the impact of the measure.
- Revision of the List of Products: Distinguish between final consumer goods and industrial inputs to better target restrictions.
- Exclusion of Essential Medical Products: Remove products whose scarcity would pose a risk to public health.
- Simplification of Exemption Procedures: Streamline the bureaucratic process for affected industries.
- Gradual and Incentive-Based Approach: Support local production and exports rather than imposing strict blockages.
- Institutional Consistency: Align measures with the reform of the Exchange Code and Tunisia's international commitments.
- Transparency and Communication: Clearly inform about the geopolitical situation and the actual room for maneuver to avoid misunderstandings.
"Dialogue with the key players in the economy is not a luxury, it's a condition for success," emphasizes Conect.
