Tunisia’s external debt servicing reached the equivalent of 1,643 million dinars during the first two months of 2023, against 1,457 million dinars during the same period of 2022, i.e. an increase of 11.4%.
This expense corresponds to almost $530 million, compared to about $512 million at the end of February 2022.
The debt servicing absorbed more than 89% of the tourism receipts as well as workers’ remittances against 102.1% at the end of February 2022, and this, following the strong growth of expat remittances in 2023.
Indeed, expat remittances reached 1.22 billion dinars, against 1.09 billion during the same period of 2022, up 11.8%. In dollars, they stood at nearly 394 million, compared to nearly 380 million at the end of February last year.