Tunisia – BCT: Income from tourism and work covers 68% of external debt

Tourism and labour revenues cover 68 percent of Tunisia’s external debt service as of May 20, 2024, according to statistical data issued, Friday, May 24, 2024, by the Central Bank of Tunisia.

Tourism revenues were estimated at approximately 1.9 billion dinars, an increase of 7.7 percent compared to the same period last year, while labor revenues increased by 4 percent, reaching 2.7 billion dinars.

The value of external debt service amounted to about 6.9 billion dinars as of May 20, 2024, compared to 3.3 billion dinars during the same period in 2023, marking an increase of 104 percent.

Indicators from the Central Bank of Tunisia also showed an increase in hard currency reserves, which stood at 22.7 billion dinars (equivalent to 104 days of supply) as of May 24, 2024, compared to 21.5 billion dinars (equivalent to 93 days of supply) in May 2023.