HomeNewsTunisia: foreign currency reserves rise to 110 days of imports

Tunisia: foreign currency reserves rise to 110 days of imports

In a hearing session held by the Constituent Assembly’s Commission on Administrative Reform and Fight against Corruption, Chedly Ayari, Governor of the Central Bank of Tunisia (BCT) has not endorsed the 4.5% growth forecasts for the year 2013.

He believed that this goal is difficult to achieve, and recommended caution in the proclamation of such capital figures.

Chedly Ayari said what is most important is to move in the right and safe direction and that the figures will be released in according to the results achieved.

The Governor of the Central Bank revealed that the country’s foreign currency reserves have improved, and now cover 110 days of imports due to increased exports, tourism revenues and the signing of two loan agreements with the World Bank and the AfDB.

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