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HomeNewsTunisia: tourism revenues decline by 2.8 billion dinars, until October 20

Tunisia: tourism revenues decline by 2.8 billion dinars, until October 20

Cumulative tourism revenues have declined by 61%, or the equivalent of 2.8 billion dinars, to no more than 1.8 billion dinars, until October 20, according to the latest statistics published by the Central Bank of Tunisia (BCT).

The Bank also reported an increase in cumulative labor income by 9% to 4.4 billion dinars and a 15.8% decrease in cumulative external debt servicing to 6.7 billion dinars.

As for net foreign exchange reserves, they amounted to 21.2 billion dinars, the equivalent of 144 days of imports, as of October 22, compared to 18.6 billion dinars (104 days of imports) in 2019.

As for the stock market index (Tunindex), it declined from 7037 points in October 2019 to 6649 points in October 2020.

Similarly, the overall volume of refinancing fell by 27%, as of October 22 to 8.8 billion dinars, compared to 12.1 billion dinars in October 2019.

On the other hand, total interbank transactions went up 18% to 1.7 billion dinars.

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