Tunisian MP Expresses Concern Over High Interest Rates and Their Impact on Investment
During his intervention on the Expresso show hosted by Wassim Belarbi on November 11, Tunisian MP Maher Ktari expressed his concern over the current economic conditions for investment in Tunisia. According to him, the speech of Prime Minister Kamel Madouri lacked realism in the face of high interest rates practiced by the Central Bank.
"With a 8% interest rate, is it normal for the Prime Minister to talk about encouraging investment with such a rate?" Ktari questioned, doubting the coherence of the announced objectives.
Indeed, with a 8% interest rate, the Central Bank lends to banks at high conditions, which are then passed on to investors. As a result, the interest rates applied to loans for businesses and individuals who want to launch projects often range between 10% and 12%. "Do these rates really encourage investment?" he asked, highlighting the direct impact of these rates on the business climate and companies' ability to finance their projects.
According to Ktari, the Prime Minister should take into account these economic realities to strengthen the investment climate and foster a genuine economic recovery.
