Tunisia Plans First $3 Billion Sukuk Issue in 2027
A draft budget bill seen by Reuters says Tunisia plans to issue 9 billion dinars ($3 billion) in sukuk in 2027 and seek $3.35 billion in direct central bank financing.
Tunisia intends to issue its first sukuk, an Islamic debt instrument, worth 9 billion dinars ($3 billion) in 2027. It also plans to seek $3.35 billion in additional direct financing from the central bank, according to a draft budget bill seen by Reuters. Tunisia is grappling with a financial crisis marked by high pu…