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.
Tunisia
In 1869, Tunisia declared itself bankrupt and an international financial commission took control over its economy. In 1881, using the pretext of a Tunisian incursion into Algeria, the French invaded with an army of about 36,000 and forced the Bey to agree to the terms of the 1881 Treaty of Bardo (Al Qasr as Sa'id). With this treaty, Tunisia was officially made a French protectorate, over the objections of Italy. Under French colonization, European settlements in the country were actively encouraged; the number of French colonists grew from 34,000 in 1906 to 144,000 in 1945. In 1910 there were 105,000 Italians in Tunisia.