Tunisia Wealth Secrets Unveiled

The article reveals a serious financial phenomenon in Tunisia regarding the increase in cash circulating outside the banking system. The amount of cash outside banks has exceeded 30 billion Tunisian dinars, with a daily rise estimated at 4.2 million dinars. This reflects a profound shift in the way the Tunisian economy operates. The reasons behind this include the expansion of the informal economy, a crisis of trust in banks, and the weak use of electronic payment methods. These factors disrupt the effectiveness of monetary policy, reduce government revenues, and lead to unfair competition between official and unofficial institutions. Economist Aram Belhaj suggests measures such as digitizing payments, setting a cap on cash transactions, and improving the tax system to make formal economic participation a more attractive and effective option.

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