Central Bank of Tunisia
Tunisia had a historically low inflation. The Tunisian Dinar was less volatile in 2000–2010 than the currencies of its oil-importing neighbors, Egypt and Morocco. Inflation was 4.9% in fiscal year 2007–08 and 3.5% in fiscal year 2008–09.
Beylik of Tunis
In the 19th century, the country became mostly autonomous, although it was still officially an Ottoman province. In 1861, Tunisia enacted the first constitution in the Arab world, but a move toward independence was hampered by the poor economy and political unrest. In 1869, Tunisia declared itself bankrupt, and an international financial commission with representatives from France, United Kingdom, and Italy took control over the economy.