Financial Indicators Updated as of November 14, 2024, by the Central Bank of Tunisia (BCT)
The financial indicators updated as of November 14, 2024, by the Central Bank of Tunisia (BCT) reveal variations on several fronts, reflecting diverse economic and monetary dynamics.
Treasury Account Balance
The Treasury account balance has recorded a significant decrease of 185 million dinars (Mtnd) compared to the previous period, reaching 1016.7 Mtnd.
Ordinary Bank Account Balance
The ordinary bank account balance has slightly decreased by 3.9 Mtnd, standing at 329.4 Mtnd.
Currency in Circulation
A increase of 2257 Mtnd has been observed in currency in circulation compared to 2023, reaching 21,848 Mtnd.
Monetary Market
The BCT's tender offers have experienced a significant decrease, dropping from 5600 Mtnd in 2023 to 3600 Mtnd. This 2000 Mtnd decrease may indicate a reduced dependence of banks on short-term financing from the BCT. Meanwhile, the total refinancing volume has fallen by 1759.6 Mtnd, standing at 11,992.4 Mtnd.
Treasury Bills
Short-term treasury bill holdings have decreased by 855.9 Mtnd, reaching 8594.2 Mtnd, while assimilable bills have increased by 2022.9 Mtnd.
Tourism Revenue
Cumulative tourism revenue has progressed by 351.8 Mtnd, reaching 6407.1 Mtnd, a promising sign for the tourism sector. Similarly, cumulative labor income has shown an increase of 194.1 Mtnd, standing at 6832 Mtnd, supporting the country's foreign exchange reserves.
Net Foreign Exchange Assets
Net foreign exchange assets have recorded a slight increase, reaching 25,170.7 Mtnd, representing 113 days of import coverage. This improvement reinforces the country's ability to meet its short-term import needs.
External Debt Service
The cumulative external debt service continues to weigh on public finances, with an increase of 2435.4 Mtnd compared to the previous year, reaching 12,845.1 Mtnd.
