Governor of the Central Bank of Tunisia Announces Creation of Working Group to Boost Economy Financing
The Governor of the Central Bank of Tunisia, Fethi Zouhaier Nouri, has announced the creation of a working group under the aegis of the Banking and Financial Council. This group will be responsible for preparing, within a month, a roadmap to strengthen financing for the economy and support Small and Medium-sized Enterprises (SMEs).
Key Objectives of the Working Group
The announcement was made during a meeting between the Central Bank and the leaders of Tunisian banks, where discussions focused on the role of banks in financing the national economy and the prospects of the banking sector. The Governor emphasized the need for banks to increase financing for businesses, SMEs, and productive projects. He also called on banks to support sectors with high growth and job creation potential.
Evolution of the Banking Sector
Fethi Zouhaier Nouri believes that the Tunisian banking sector must evolve to better support the real economy. "The Tunisian banking sector must shift from caution to commitment and from resilience to growth," he stated. The Governor also requested improvements to banking services, including more transparent pricing, simpler procedures, and better customer support.
Role of Banks in Economic Growth
According to the Governor, banks must play a more significant role in transforming savings into productive investments to support economic growth. The Central Bank of Tunisia has reaffirmed its commitment to supporting banking sector initiatives, aiming to improve access to financial services, develop digital payment methods, and strengthen financial innovation.
Regular Dialogue between the Central Bank and Banks
This meeting is part of the regular dialogue between the Central Bank and banks, as the Central Bank continues its mission to preserve financial stability and monitor the financing conditions of the Tunisian economy. The creation of the working group is a significant step towards boosting the economy and supporting SMEs, and its roadmap is expected to provide a clear direction for the banking sector to follow.
