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TunisiaTwinning programme launched to modernise Central Bank of Tunisia
November 10, 2015
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An EU Twinning programme was launched last week to modernize the operational framework of monetary policy at the Central Bank of Tunisia.
The programme, to be implemented between the Tunisian Central Bank and the Bank of France, is funded by the EU with a budget of €745,000. It aims to modernise implementation of monetary policy by the operational directorates of the Central Bank of Tunisia through cooperation with its counterparts in the EU including the Bank of France and the Central Bank of Germany.
The aims of this Twinning include:
• The establishment of a consistent, efficient and secure operational framework for regulating bank liquidity,
• The design of a new collateral management system based on clear eligibility criteria and risk control measures,
• The development of appropriate models for forecasting bank liquidity,
• The alignment of the operational processes of the interbank market and the negotiable debt securities market with international standards. (EU Neighbourhood Info)
Read more
EU Neighbourhood Info Centre webpage – Tunisia
Countries covered:
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Tunisia
