The Tunisian Federation of Artisans and Small and Medium-sized Enterprises (PME) has called for the renewal and rejuvenation of the governance of the Central Bank of Tunisia (BCT). In a statement released on September 26, 2026, the federation emphasized the need for change in light of the transformations in the Tunisian economy. The federation cited difficulties faced by PMEs and artisans in financing, liquidity, exchange, investment, and export.
The federation proposes that the Central Bank should focus more on the real economy, expedite the resolution of enterprise problems, and develop new financing mechanisms, particularly for PMEs. They also advocate for the modernization of the exchange system and better support for investment and exports. The federation's proposals aim to address the current challenges faced by PMEs and artisans.
The federation has requested that the President of the Republic launch an in-depth and independent investigation into the performance of the BCT, as well as the choices and decisions that have impacted the national economy and enterprises. They also demand an examination of the current governance of the bank and, if necessary, the determination of responsibilities within its leadership.
The federation advocates for greater openness in leadership positions to young Tunisian talent, prioritizing competence, experience, integrity, and innovation over seniority. They also call for strengthened accountability and evaluation of monetary and financial policies based on their concrete effects on enterprises, investment, employment, financing, and exports.
The federation's approach does not aim to undermine the independence of the Central Bank or replace individuals solely for the sake of change. Instead, they advocate for a change in method based on competence, transparency, responsibility, and effectiveness. The federation believes that PMEs and artisans should be more closely associated with monetary and financial policies that directly influence their activities.
The federation's demands include evaluating results, reviewing responsibilities, and opening the way to young competencies, enabling the Central Bank to better support the transformations of the Tunisian economy. The federation's proposals have significant implications for the country's economic development and the role of the Central Bank.
The Central Bank's governance has been criticized for not adequately addressing the needs of PMEs and artisans. The federation's call for renewal and rejuvenation reflects the need for a more responsive and effective banking system. The outcome of the federation's proposals remains to be seen.
Key points
- The Tunisian Federation of Artisans and Small and Medium-sized Enterprises calls for the renewal and rejuvenation of the Central Bank of Tunisia's governance.
- The federation proposes the modernization of the exchange system and better support for investment and exports.
- The federation advocates for greater openness in leadership positions to young Tunisian talent.
