Tunisia has undergone a significant transformation in its banking sector, prioritizing financial liberalization over development-focused institutions. The nation’s banks initially focused on development have increasingly been supplanted by commercial banks driven by profit. This shift represents a deliberate policy choice, sacrificing long-term developmental goals for short-term gains aligned with a liberalized financial system. Kapitalis reports this transition highlights a fundamental change in Tunisia’s economic approach. The article examines how this dogmatic push for liberalization has redefined the role of banking within the country. Ultimately, the piece questions whether this shift truly benefits Tunisia’s overall economic prosperity or hinders sustainable growth. This change marks a move away from strategically investing in the nation's future.

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