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'Got cash?' Tunisians grapple with new restrictions on cheques

Tunisia introduced new banking reforms in February that limit the use of post-dated cheques, impacting purchases made in installments, according to the government.
The reforms aim to curb consumer debt and improve the business climate in a struggling economy with a projected GDP growth of only 1.6% for 2025, per the International Monetary Fund.
Leila, a smartphone shop owner, reported sales falling by more than half as customers are now restricted to cash payments only.
Economic analyst Ridha Chkoundali warned that the new law could significantly hurt consumption and economic growth, impacting the middle class.

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'Got cash?' Tunisians grapple with new restrictions on cheques

Olfa Meriah stands, frustrated, before a smartphone shop near the capital Tunis. How can she buy a phone in instalments, she wonders, when a new banking reform has made split payments nearly impossible?

8 hours ago

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