Banks' liquidity needs decreased slightly to an average of 14.1 billion dinars in May 2024, compared with 14.9 billion dinars in the previous month and 15.8 billion dinars in May 2023, the Central Bank of Tunisia (BCT) reported in a recent note.This relative easing is mainly due to the expansionary effect of the return of cash to bank counters, the BCT explained.Banks' liquidity needs were mainly met by the BCT's intervention on the money market, which amounted to 14.1 billion dinars, compared with 15 billion dinars in April 2024".Source: Agence Tunis Afrique Presse
Related Articles
Parliament Increases Gold Mining Tax to Three Per Cent
Accra: Ghana’s Parliament has passed the Growth and Sustainability Levy Amendment Bill 2025, raising the levy on gold mining companies from one to three per cent of gross production. The amendment also extends the levy’s application period to 2028.
…
Bawumia Presents 17-Point Strategy to Enhance Business Growth and Private Sector Development.
Accra: Dr. Mahamudu Bawumia, the Vice President and Flagbearer of the New Patriotic Party, has reiterated his commitment to creating a friendly economic environment for businesses and the private sector to thrive. That, he said, would drive the transf…
Farmers and Extension Officers Equipped to Enhance Yam Seed Production
Nyankpala: A total of 90 farmers and 30 agricultural extension officers have benefited from a capacity development workshop aimed at boosting the production quality of yam seeds for both commercial and small-scale entrepreneurs. The workshop was condu…
