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HomeNewsTunisia: tourism receipts decline 27% as of May 10 (BCT)

Tunisia: tourism receipts decline 27% as of May 10 (BCT)

Tourism revenues stood at 1 billion dinars, as of May 10, down 27%, compared to the same period last year.

According to the financial indicators released by the Central Bank of Tunisia Monday, labor income also fell by 11%, to a level not exceeding 1.4 billion dinars.

Cumulative external debt services also went down by 21% to nearly 2.8 billion dinars.

As for net foreign currency assets, they amounted to 21.6 billion dinars as of May 15, 2020, representing 133 days of imports, compared to 13 billion dinars (74 days of imports) on the same date last year.

The BCT also reported a 36% drop in the overall volume of refinancing, from 16.1 billion dinars in May 2019 to 10.2 billion dinars on May 15, 2020.

On the other hand, total interbank transactions doubled during the same period to nearly 1.4 billion dinars, compared to 688 million dinars in 2019.

The Tunindex fell by 6.2%, within one year, from 6.9 billion dinars to 6.4 billion dinars, according to the BCT.

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