Tunisia's central bank cut its key interest rate by 50 basis points to 7.5 percent to stimulate investment and boost growth, in the first cut in borrowing costs in five years. The central bank cut borrowing costs by 50 basis points in September 2020 after cutting them by 100 basis points in March of the year following the outbreak of the COVID-19 pandemic.
Tunisia's inflation rate eased to 5.7 percent in February from 6 percent in January and 6.2 percent in December, reaching the lowest level since 2021. The government expects average inflation to fall from 6.2 percent this year from 7 percent in 2024.
Source (Al-Arabiya.net Website, Edited)
