HomeNewsTunisia: balance of payments improves thanks to debt

Tunisia: balance of payments improves thanks to debt

The General balance of payments posted a surplus of 751 million Tunisian dinars (MTD) in the first four months of 2015, thanks to foreign loans according to the monthly report of the Central Bank of Tunisia published Thursday.

The surplus is due to the firming up of inflows of foreign capital, especially in the form of medium and long term loans, coupled with a reduction in the deficit by nearly 25% compared with its level in the same period in 201 during which the deficit reached 858 MTD.

The current deficit decreased by 689 MTD in the first four months of 2015 to 2,161 MTD or 2.4% of GDP from 3.5% in the same period last year.

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