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Tunisia: level of banknotes and coins in circulation hits new record high

In the absence of a radical solution to the expansion of the informal economy and the adequate development of modern means of payment, the circulation of notes and coins in circulation is increasing in Tunisia.

Their level reached a new historic record on July 27, 2017 to 11.173 billion dinars.

The use of cash could be the result of the expansion of the informal sector and tax evasion.

As a reminder, the level of banknotes and coins in circulation has almost doubled since 2010.

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