Tunisia govt 'seeks firing of central bank governor'

May 28, 2012 03:03


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

TUNIS - The parties that make up Tunisia's coalition government have proposed removing the governor of the central bank, two party sources said, a step which could alarm investors already jittery after last year's revolution.

Tunisia, struggling to emerge from recession, has held a steady course on inflation, interest and exchange rates even in the turmoil that followed the ousting of its president, but talk of firing the central bank chief suggests it may be hard to hold that line.

Tensions have emerged in the past few months between the government and the central bank over who has the last say on monetary policy.

The government unveiled a target for inflation but bank governor Mustapha Kamel Nabli responded by saying this figure was set by the bank and that he would not accept political interference in its work.

Removing Nabli is the prerogative of the constitutional assembly, Tunisia's interim parliament. The government therefore cannot itself fire him, but it has a majority in the assembly.

Related Content

Breaking news
August 17, 2018
Final interrogation of Netanyahu in 'Bezeq Affair' ends after 4 hours