Tunisian president wants central bank to directly finance budget

The Central Bank of Tunisia

The president of Tunisia has called for the central bank to directly finance the government, as the country faces a growing economic crisis.

Kais Saied made the remarks when visiting the Central Bank of Tunisia on September 8, Reuters reported. Saied has refused to accept the International Monetary Fund’s conditions for a loan.

“The budget financing law which says that the bank cannot grant loan facilities or acquire bonds issued by the state should be developed,” Saied said. He said the

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