Tunisia: Accumulated External Debt Servicing Rises 24 Percent - BCT

Tunis/Tunisia — The accumulated external debt servicing kept an upward trend and rose by 24%, from 6.8 billion dinars, in September 2020, to 8.4 billion dinars, in September 2021, according to the daily monetary and financial indicators published by the Central Bank of Tunisia (BCT) Saturday.

The public debt servicing has more than doubled in the period 2015 - 2021, from 5.14% of GDP, in 2015, to 9.51% of GDP in 2020 and are set to reach 12.81% in 2021 (according to forecasts of the Finance Act 2021).

As for net foreign exchange reserves, they amounted to 21.5 billion dinars, which corresponds to 130 days of imports, as of October 8, against 21 billion dinars, the same date last year.

In this context, the cumulative labor income increased by 40% to over 6.1 billion dinars during the first nine months of the current year, compared with the same period of 2020.

Tourist revenues grew 6% to 1.8 billion dinars at the end of September 2021.

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