Tunisia - Cumulative tourist revenues exceeded the 1 billion-dinar milestone in Q1 of 2023, climbing 64% compared to the same period last year, according to data published Friday by the Central Bank of Tunisia (BCT). Cumulative labour income also saw an 8.5% increase, reaching 1.9 billion dinars, against 1.7 billion dinars at the end of March 2022. Likewise, external debt services surged 23%, reaching 2.4 billion dinars during the first three months of the current year. However, net foreign exchange assets dropped from 22.7 billion dinars, or 122 days of imports at the beginning of April 2022, to nearly 22.1 billion dinars, the equivalent of 95 days of imports on Friday, April 7. The overall volume of refinancing exceeded 16.5 billion dinars as of March 7, 2023, up 46.8%, compared to the same period in 2022.

Source: The North Africa Journal April 08, 2023 09:11 UTC