TUNIS — The Central Bank of Tunisia raised its main interest rate by 75 basis points to 7% on May 17, to combat inflationary pressures. The bank also raised the minimum rate of return on savings by 100 basis points up to 6%.
Mounir Ghabri, the director of customer relations at the Tunisian Company of Electricity and Gas, told Tunis Afrique Presse on May 15 that the company has approved new increases in electricity and gas prices, at rates ranging between 12.2% and 16% for domestic customers and 15% for industry.
