UGTT calls on government to establish independent national commission to assess banking supervision and work of Tunisian Commission for Financial Analyses | Tunisia News Gazette

UGTT calls on government to establish independent national commission to assess banking supervision and work of Tunisian Commission for Financial Analyses

(TAP) – The Tunisian General Labour Union (UGTT) called on the government, in a statement released on Friday, to create an independent national commission to evaluate banking supervision and the work of the Tunisian Commission for Financial Analyses (CTAF) and provide measures able to rehabilitate the inspection role of the Central Bank of Tunisia (BCT) in the circulation of capital at the national and international levels, to strengthen its autonomy, to reform the computer control systems, to assess the risks, to improve the performance of its structures, to modernise and digitise its administration while entrusting the positions of responsibility to competent and experienced officials.

The appeal follows the decision of the European Parliament to include Tunisia on the list of countries exposed to money laundering and terrorist financing, a decision that the executive bureau of the central union has described as “unfair” which could be a blow to the country’s economy and have serious repercussions that will only accentuate the economic crisis that has shaken the country for some time in the face of the government’s delay and the lack of a clear vision and an explicit political will for genuine economic and political reforms.

The UGTT also calls for speeding up the promulgation of a law on the declaration of goods and profits in the public and private sectors and in the civil service and the fight against illicit enrichment. The trade union organisation also called for the revision of the tax exemption and the promulgation of laws prohibiting financial transactions exceeding five thousand dinars and introducing the obligation to use electronic pricing.

The decision of the European Parliament, the statement went on saying, came to demonstrate the lack of coordination between the various structures of the State and the fragility of the tax and banking policy systems in Tunisia as well as an economic reality predominated by smuggling and corruption and proliferation of the informal economy.

The Executive Bureau of the UGTT called on civil society to mobilise with the civil forces in Europe to relieve pressure on Tunisia and avoid the negative repercussions of this classification, especially on the democratic experience.

Source: TAP News Agency

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