Net foreign exchange reserves are once again down to 93 days of imports, or TND 21.6 billion, as of May 16, compared to 123 days of imports (TND 23.5 billion) on the same date last year, according to data published Thursday by the Central Bank of Tunisia (BCT).
Tourism revenues grew by 59.7% in the period from January 1 to May 10, to TND 1.4 billion, according to the issuing institute.
Cumulative workers' remittances also increased slightly by 6%, from TND 2.5 billion on May 10, 2022, to TND 2.7 billion on May 10, 2023.
On the other hand, foreign debt services dropped by 11.6%, to TND 2.9 billion.
The BCT's figures also showed a 59% rise in the overall refinancing volume, to TND 15.8 billion, as of May 17, 2023, compared with nearly TND 10 billion on the same date last year.
Source: Agence Tunis Afrique Presse