34.9 C
Tunisia
Wednesday 16 June 2021
HomeNewsTunisia: public debt hits record of 87 billion dinars at end April

Tunisia: public debt hits record of 87 billion dinars at end April

Tunisia’s outstanding public debt reached 87 billion dinars at the end of last April, compared to 83.5 billion at the end of March and 82.5 billion at the end of 2019, according to the provisional results of the execution of the State Budget at the end of April 2020.

This outstanding amount is divided between domestic debt of 26.2 billion dinars (30.1%) and foreign debt of 60.8 billion dinars (69.9%).

By currency, the structure of outstanding external debt is still dominated by the euro (55.1%), followed by the dollar (27.3%) and the Japanese yen (11.3%).

By donors, Tunisia’s external debt comes 50.5% from multilateral cooperation, 34% from financial markets and 15.6% from bilateral cooperation.

The Finance Act 2020 projects debt outstanding will reach 94 billion dinars at the end of December (against 82.5 billion in 2019), of which 70.5 billion will be foreign debt (75%), against 58.6 billion in 2019 (71%).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS