Tunisia does not intend to go out on international financial market (FinMin) | Tunisia News Gazette

Tunisia does not intend to go out on international financial market (FinMin)

“Tunisia does not intend to go out on the international financial market since it does not currently face pressures,” Finance Minister Ridha Chalghoum said on Monday.

Taking the floor at a workshop organised as part of the annual meetings of the Islamic Development Bank (IsDB), hosted by Tunisia April 1-5, Chalghoum added that Tunisia’s going out will be scheduled at time to help the country make the most of the best opportunities to get the necessary funding.

Regarding Islamic finance in Tunisia, he pointed out that Tunisia is endeavouring to develop Islamic finance, through the support of banks in the field of training, identification of means to develop these mechanisms and devise a programme for the development of Islamic finance.

Regarding Islamic sukuks, the minister underlined that Tunisia is developing relations with the IsDB and hopes to use sukuks in financial development after finishing off the legal and legislative system.

Tunisia, he said, is seeing to it to position itself on the Islamic finance market, which is growing by 9.4% / year both in terms of sukuks and the various other mechanisms adopted.

The Islamic banks operating in Tunisia are financing the Tunisian economy, particularly via financing lines granted by the IsDB, he added.

Source: TAP News Agency

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