BCT: Credit to Economy Reaches 123 Billion Dinars

The Central Bank of Tunisia (BCT) announced an unprecedented growth in credit to the economy, reaching 123 billion dinars in 2025. This surge, which exceeds analysts' expectations, raises questions about its sustainability and impact on Tunisia's economy in transition. ⏱️ 1 min read Recent facts and developments This momentum is part of a long trajectory of economic reforms initiated after the 2010-2011 protests, which forced the government to rethink its growth model. Accommodative monetary policies, combined with measures to modernize the banking sector, have enabled attracting private investments and optimizing financing flows. However, this surge in credit raises questions about the economy's ability to absorb these resources without triggering inflationary pressures or risks of overindebtedness. In a Mediterranean context marked by common challenges (unemployment, energy dependence and migration crisis), Tunisia seeks to position itself as a key player in the region. The growth of credit, oriented towards high-value-added sectors, could strengthen its attractiveness to economic partners. However, the effectiveness of these investments will depend on the authorities' ability to harmonize sectoral policies and ensure transparent governance. Analysts highlight that the sustainability of this dynamic will rely on reducing bureaucracy and establishing rigorous monitoring mechanisms. The coming years should see intensified efforts to diversify funding sources, particularly by mobilizing international resources. The BCT indicated its intention to maintain a prudent monetary policy while supporting innovation initiatives. Tunisia, although facing structural obstacles,