IMF welcomes Tunisia’s tougher monetary policy

Further rate increases might still be warranted this year, say executive directors

IMF logo
Photo: Flickr/freeimage4life

The Central Bank of Tunisia’s recent sharp tightening of monetary policy was welcomed by the International Monetary Fund in its most recent review under the Extended Fund Facility.

The central bank raised rates by 100 basis points to 7.75% on February 19. The IMF executive board said further rate hikes might still be warranted this year if inflation projections for December 2019 exceed the central bank’s target.

Year-on-year inflation is currently at 7%, up from 6.9% in May. The rate is down

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account