HomeNewsTunisia: external debt servicing absorbs 65% of tourism revenues and expat remittances

Tunisia: external debt servicing absorbs 65% of tourism revenues and expat remittances

Tunisia’s external debt servicing reached TND 5.3 billion at the end of the first seven months of this year, virtually unchanged from the same period last year.

This expenditure corresponds to the equivalent of 1.7 billion dollars (average monthly rate on the interbank market: 1 dollar = 3.0878 dinars).

As a result, foreign debt servicing absorbed 65% of tourism receipts and diaspora remittances at the end of July.

The State will have to repay this year a record TND 15,793 million in principal on public debt, including TND 9,121 million in principal on domestic debt and TND 6,672 million in principal on foreign debt.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS