The Central Bank of Tunisia to implement IFRS in the Financial Sector

The Central Bank of Tunisia to implement IFRS in the Financial Sector

The European Bank for Reconstruction and Development (EBRD) has announced its support for the Central Bank of Tunisia’s adoption and implementation of International Financial Reporting Standards (IFRS).

 

The Central Bank of Tunisia is leading the transition of the financial sector towards IFRS from a prudential point of view.  It has earlier requested EBRD assistance for the reform exercise. 

 

The EBRD has indicated its support for this financial sector reform as a priority item.

 

Additional details are available here.

 

Photo Credit: Pixabay

 

 

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