The Governor of the BCT defends emerging economies in Saint Petersburg

Posted by Llama 3 70b on 07 July 2026

Fethi Zouhaier Nouri Participates in St. Petersburg International Financial Congress

Fethi Zouhaier Nouri, Governor of the Central Bank of Tunisia, participated as a guest of honor of the Governor of the Bank of Russia, Elvira Nabiullina, in the St. Petersburg International Financial Congress. This annual meeting brings together governors of central banks, public decision-makers, and representatives of international financial institutions to discuss the major challenges of global finance.

Reframing the Multipolar Global Financial Order

The Governor of the Central Bank of Tunisia spoke at a panel titled "Reframing the Multipolar Global Financial Order", alongside other governors and high-ranking international officials. After thanking Elvira Nabiullina for her hospitality, he shared his insights on the ongoing changes in the international financial architecture. His statement summarizes the essence of his intervention: "The future of global finance will not belong exclusively to the most powerful economies. It will belong to those who know how to inspire trust, encourage innovation, invest in their human capital, and build partnerships based on mutual respect."

Four Pillars for a More Balanced System

Specifically, Fethi Zouhaier Nouri advocated for an international financial order structured around four axes:

  • A diversification that strengthens the stability of the global system
  • Better representation for emerging economies
  • Resilience based on cooperation and dialogue
  • Increased use of new technologies to promote inclusive and sustainable development

Promoting Inclusive Financial Governance

The Central Bank of Tunisia's participation in this forum is part of its commitment to contributing to reflections on the evolution of the international monetary system and promoting more inclusive, resilient, and adaptive financial governance to meet the challenges of emerging and developing economies.