Tunisia's Net Foreign Assets Reach 23.3 Billion Dinars
Tunisia's net foreign assets have reached 23.3 billion dinars, equivalent to 107 days of imports as of June 14, 2024. In comparison, the value stood at 22.7 billion dinars (98 days of imports) during the same period last year, according to data published by the Central Bank of Tunisia (BCT).
This increase is attributed to the rise in tourism revenues and labor income. Tourism revenues have reached 2.3 billion dinars as of June 10, 2024, marking a 7.2% increase compared to the previous year.
Meanwhile, labor income has increased by 3.5%, amounting to 3.1 billion dinars.
On the other hand, external debt service payments have recorded a 91.3% increase, rising from 3.8 billion dinars on June 10, 2023, to 7.3 billion dinars on the same date in 2024.
The BCT has also reported a 29% increase in short-term Treasury bond holdings, which now stand at 10.3 billion dinars. In contrast, the holdings of assimilable Treasury bonds have decreased by 5.9%, amounting to 15.9 billion dinars.