Tunisian cabinet approves bill to modernise foreign exchange
Published on: Thursday 14 March 2024
Tunisia's cabinet on Thursday approved a new foreign exchange bill saying it would ease international financial and business dealings, a reform demanded by Tunisian and local firms. "The new exchange bill is considered a legislative revolution and a historical shift in the field of exchange and finance in Tunisia," the government said in a statement. Investors currently must get central bank approval to access hard currency to fund operations abroad, or obtain credit letters to import goods.
