Tunisia's external debt drops 51.6% for first time since 2011 - News Summed Up

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Tunisia's external debt drops 51.6% for first time since 2011


Tunisia - Tunisia's external debts decreased from 5,607.7 million dinars (MD), at the end of June 2022 to 2,710.3 MD, during the first half of 2023, recording a drop of 51.6% for the first time since 2011. Concerning credits with a maturity of less than one year, they dropped from 5095.8 MD to 4580.5 MD, down 10.11%. Figures show that the Tunisian State avoids resorting to debt which has worsened, particularly during the last decade. The volume of public debt increased to 119.8 billion dinars which includes the share of external debt set at around 57.7%. © Tap 2022 Provided by SyndiGate Media Inc. (Syndigate.info).


Source: The North Africa Journal September 08, 2023 10:06 UTC



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