HomeNewsTunisia: tourism revenues up 66%, until March 20

Tunisia: tourism revenues up 66%, until March 20

Tourism revenues have reached TND 881 million, until March 20, 2023, up 66% compared to the same period of 2022, according to monetary and financial indicators published by the Central Bank of Tunisia (BCT) Monday.

Cumulative workers’ remittances have in turn increased by 9.4%, to TND 1.6 billion, from TND 1.5 billion in March 2022.

Similarly, the accumulated external debt services rose 19%, to 2.2 billion dinars.

The BCT reported a decrease in net foreign exchange reserves to 22 billion dinars (95 days of imports) as of March 27, compared to 22.9 billion dinars (125 days of imports) in March 2022.

The overall volume of refinancing exceeded 15 billion dinars on Monday, up 45% compared to the same period in 2022.

As for the total interbank transactions, they dropped 34% to 1.5 billion dinars, compared to 2.3 billion dinars on March 27, 2022.

The money market rate reached 8.04% on Monday, against 6.26% on the same date last year.

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