The Tunisian presidency appointed Fathi Zuhair Al-Nouri as the new governor of the Central Bank. He succeeds his predecessor, Marwan Al-Abbasi.
The naming of a new governor comes after months of disagreements between the bank and the authorities regarding interest rate policies and treasury financing. Tunisia is facing financial and economic difficulties and a rise in the public finance deficit, amid efforts made by the government with the International Monetary Fund for nearly two years, to enter into an economic reform program.