The BCT facing budgetary mirror: A stress test of 2026 projections

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The 2025 Annual Report of the Central Bank of Tunisia (BCT) is a document with two layers. On the surface, it presents a respectable 2025: economic growth of 2.5%, inflation brought down to 5.3%, and lower external debt. Beneath that, however, its 2026 outlook, based on the government's Economic Budget...

Ghana – IMF Staff Completes the 2026 Article IV Consultation and Reaches Staff-Level Agreement 

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An International Monetary Fund (IMF) staff team, led by Mr. Ruben Atoyan, visited Accra during April 29 –May 15, to discuss the 2026 Article IV consultation, the sixth and final review of the Extended Credit Facility (ECF), and the authorities’ request for a non-financing Policy Coordination Instrument (PCI) ....

SNCPA CEO: Restructuring and paper sector revival on agenda

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The National Cellulose and Alfa Paper Company (SNCPA), participating for the first time in the Tunis International Book Fair (FILT), is preparing a major restructuring program aimed at restoring its full production capacity and reducing Tunisia’s reliance on paper imports. Taking part in the 40th edition of the fair with...

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