Tunisia’s foreign currency reserves would reach 18,111 million Tunisian dinars (MTD) by the end of 2012, i.e. approximately 106 days of imports, compared with 9,581 MTD, in early 2012, equivalent of 94 days of imports, according to figures provided by Minister Responsible for Economic and Social Issues Ridha Saidi.
Various financial arrangements with the World Bank (WB), the African Development Bank (AfDB) and the European Union (EU), in addition to the “Samurai” bond issued recently by the Central Bank on the Japanese financial market explain the expected improvement in the country’s foreign currency reserves.
The total of these transfers amounts to 2.2 billion dinars, plus 1.745 billion dinars from tourism revenues and exports, in addition to currency transfers made by Tunisians living abroad and the flow of foreign direct investment.
