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Decrease in currency reserves, increase in labor and tourism income

by Webdo
Saturday 24 May 2025 13:23
in National

The latest data published by the Central Bank of Tunisia (BCT) reveal a slight withdrawal of net foreign currency assets. As of May 20, 2025, these reserves amounted to 22.6 billion dinars, the equivalent of 98 days of importation. This represents a drop of 0.1% compared to the same period of the previous year, where they reached 22.9 billion dinars, then covering 105 days of importation.

Despite this contraction of foreign currency reserves, other indicators show positive signs. Labor income, mainly fed by Tunisian transfers residing abroad, increased by 8.5% to 3 billion dinars.

At the same time, tourist revenues increased 7.1%, reaching 2.3 billion dinars. These two positions play a key role in feeding foreign currency reserves and testify to a relative dynamic of foreign currency, despite an even uncertain economic context.

As for the external debt services, their level remains stable, is now 7 billion dinars over the period from May 2024 to May 2025. This stability is a reinsurance factor on the sustainability of short -term debt.

In addition, budgetary control efforts seem to bear fruit. The outstanding public debt fell to 81.2 % of GDP in 2024, compared to 84.6 % in 2023. This evolution, although modest, reflects a desire for progressive sanitation of public finances, in a context marked by the need to restore the confidence of donors and economic partners.

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