MP Maher Ktari submitted a proposal for complete reform of the Foreign Exchange Code to the Assembly of People’s Representatives on Tuesday, supported by 40 deputies. The initiative aims to modernize the legal framework for foreign exchange operations, facilitate international trade and attract more investments to Tunisia.
During his intervention on Radio Express FM, Maher Ktari explained that the reform intends to release economic initiative and stimulate foreign trade. The text proposes in particular an overhaul of the concept of residence for natural and legal persons, now linked to economic activity, and the bringing of exchange rules into compliance with international standards.
Innovation and digital at the heart of the project
The project takes into account financial and digital innovations, such as digital assets, remote payment systems and virtual currencies, to replace texts considered obsolete and remove obstacles to investment.
Residents could thus open accounts in foreign currencies under conditions and use international platforms such as PayPal or solutions based on cryptoassets, particularly for self-employed workers earning income in foreign currencies.
Currently, the Foreign Exchange Code is still based on old texts, including Decree No. 608 of 1977, and several circulars from the Central Bank. This reform aims to integrate these texts into a single legislation, in order to simplify procedures and clarify the rules, thus reducing the administrative burden that holds back investors.
A transition to an incentive model
According to Ktari, the reform marks a transition from a restrictive and authoritarian system towards a more open and incentive model, capable of improving the business climate and strengthening Tunisia’s competitiveness.
The project already benefits from broad parliamentary support and constitutes, in his eyes, a key step for the national economy, which he considers even more important than the 2026 finance bill.
