BREAKING NEWS

Tunisia govt 'seeks firing of central bank governor'

By REUTERS

MAY 28, 2012 03:03

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.

IAF jets strike Hezbollah terror targets in southern Lebanon

By JERUSALEM POST STAFF

04/25/2024 06:37 PM

Biden publishes photo with released four-year-old hostage Abigail Idan

By JERUSALEM POST STAFF

04/25/2024 06:20 PM

Egypt offers new hostage deal proposal - report

By JERUSALEM POST STAFF

04/25/2024 06:10 PM

ByteDance denies media report of plan to sell TikTok

By REUTERS

04/25/2024 06:06 PM