Data from the Tunisian Central Bank unveiled a rise in foreign exchange reserves, now covering 115 days of imports.
This is an improvement from the 113 days observed the previous year, thanks to the boost in tourism revenue and remittances from expatriates.
The Central Bank’s online publication highlighted that the net foreign assets have reached 26.5 billion dinars, up from 24.1 billion dinars during the same period last year.
Further, the bank pointed out that the tourism revenues have amounted to a commendable 4.7 billion dinars.
Additionally, remittances from Tunisians residing abroad reached a noteworthy 4.9 billion dollars until August 20, as per the Arab World News Agency.
It’s worth noting that Tunisia has been grappling with a severe financial crisis, which intensified after an agreement with the International Monetary Fund for a $1.9 billion loan stalled.
