Outrage in Tunisia after raising interest rates in banks

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The Central Bank’s decision to raise the main interest rate to 8% angered the Tunisian people amid the deteriorating economic situation in the country.

Citizens have expressed their fears that their bank loans will rise to more than 60% amid high inflation rates in Tunisia.

Tunisians have strongly criticized the authorities search for solutions to reduce inflation.

Financial analysts considered that the Central Bank offers gifts to the banking sector, which reaps new profits from the interest rate increase, and called on the Tunisian government to ease the procedures followed in banks.

 

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