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HomeNewsTunisia: outstanding public debt amounts to 83.5 billion dinars at end March

Tunisia: outstanding public debt amounts to 83.5 billion dinars at end March

Tunisia’s outstanding public debt reached 83.5 billion dinars at the end of the first quarter of the current year, compared to 82.5 billion at the end of the past year, i.e. a rise of 1 billion dinars, according to the provisional results of the execution of the State budget at the end of March 2020.

The structure of the outstanding public debt shows a slight decrease in the share of external debt from 72.7% to 71.3% between March 2019 and March 2020, to 59.5 billion dinars.

As for the outstanding domestic debt, it reached nearly 24 billion dinars in the first quarter, representing 28.7% of the country’s total public debt, compared to 27.3% at the end of March 2019.

This debt is 35.8% from the financial market, 48.4% from multilateral cooperation and 15.9% from bilateral cooperation.

By currency, the structure of outstanding debt is still dominated by the euro (55.5%), followed by the dollar (27.7%) and the Japanese yen (11%).

The 2020 budget law provides that the outstanding public debt will reach 94 billion dinars or 75.1% of GDP, against an outstanding of 82.5 billion at the end of 2019 (72.4% of GDP).

The debt service amounted to 2.7 billion dinars (-4.1%) at the end of March 2020, composed of 1.6 billion dinars of principal repayment (-5.3%) and 1.08 billion dinars of interest (-2.4%).

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