In an article published last week by Kapitalis, economist Aram Belhadj discusses the possibility of having current Tunisian banknotes withdrawn from circulation, and replaced by new ones, to flush out undeclared currency. The exchange of current notes would be subject to verification of the tax situation of the presenter.

If that step is taken, it would be desirable that the process is done properly. The recent currency replacement in Nigeria was a textbook example of how not to do it. 

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