تونزي تيليغراف
Source: تونزي تيليغراف
3 Hrsتونزي تيليغراف
Source: تونزي تيليغراف
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Tunisian expert Arab Al-Bouhali proposed issuing “Panda bonds” in the Chinese market worth up to the equivalent of $2 billion, at an interest rate of up to 3% and with maturities of five to ten years. A currency swap would provide yuan financing for imports from China and ease pressure on foreign-exchange reserves. The proposal comes amid a trade deficit with China that reached 10.916 billion dinars in 2025, up 20.1%. It also involves investing the proceeds in phosphate and chemical industries to raise production to 10 million tons a year. However, borrowing does not guarantee that the deficit will be addressed: the costs and exchange-rate risks would remain. Production and exports must also increase and competitiveness improve, and Tunisia’s institutions would need to study the proposals before they are implemented.
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