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Tunisia: Gov’t beefs up amounts of loan guarantee mechanism to 1,500 million dinars

The government officially increased the amounts allocated under the loan guarantee facility meant to cushion the impact of the Covid-19. Funds will go from 500...

Tunisia: ASSAD sees 62% decline in Group’s net profits in 2019

The Tunisian accumulator ASSAD has just published its individual and consolidated financial statements at December 31, 2019 as they will be submitted for approval...

Tunisia: outstanding public debt amounts to 83.5 billion dinars at end March

Tunisia’s outstanding public debt reached 83.5 billion dinars at the end of the first quarter of the current year, compared to 82.5 billion at...

Tunisia: economy shrinks 1.7% in Q1

The Tunisian economy contracted by -1.7% in the first quarter, year-on-year, mainly due to the lockdown in place since mid-March to stem the COVID-19...

Tunisia: public service wage bill rises 16% to 4.9 billion dinars in Q1

According to the examination of the provisional results of the execution of the State Budget at the end of March 2020, the management expenditure...

Tunisia: budget deficit widens by 48% in Q1 to 1.4 billion dinars

The examination of the provisional results of the execution of the State Budget at the end of March 2020 shows a budget deficit of...

Tunisia: SOTUVER’s net profits drop by 30% in 2019

The “Société Tunisienne de Verreries” (SOTUVER) has just published its individual financial statements for the year ending December 31, 2019. These statements show a net...

Tunisia: foreign trade at constant prices edges down at end of April 2020 (INS)

Tunisia's foreign trade in volume (constant price) recorded a 20% drop in exports and 22.3% decrease in imports in the first four months of...

Tunisia: SOTETEL sees its turnover fall by 47% in Q1

The Tunisian Company of Telecommunications Companies (SOTETEL) has published its activity indicators in the 1st quarter of 2020. These indicators post a 47% drop in...

Tunisia: tourism receipts decline 27% as of May 10 (BCT)

Tourism revenues stood at 1 billion dinars, as of May 10, down 27%, compared to the same period last year. According to the financial indicators...

Tunisia: COMAR Assurances makes net profit of 26 million dinars in 2019

The Compagnie Méditerranéenne d'Assurances et de Réassurances "COMAR" has published its financial statements for the year ended December 31, 2019 as they will be...

Tunisia: Land’Or reduces its profits by 38% to 3.6 million dinars in 2019

Land'Or has just published its annual financial statements for the year ending December 31, 2019. These statements show a net profit of 3.6 million dinars,...
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