The Central Bank of Tunisia revealed, that Tunisia's foreign exchange reserves rose to 23.5 billion dinars ($8.05 billion), during the period between January and February, compared to 21.9 billion dinars during the same period last year, thanks to the increase in remittances of workers abroad and tourism revenues.
Remittances from Tunisians working abroad increased by 27 percent during the first two months of this year, to 1.175 billion dinars, after recording in 2021 a record level of 7.254 billion dinars.
The figures issued by the Central Bank showed that the revenues of the important tourism sector jumped 40 percent to 327 million dinars.
Tunisia's economy was badly affected by the Covid-19 pandemic, after years during which it suffered from a depression exacerbated by political turmoil. Tunisia, which is facing its worst economic crisis, is seeking a rescue package from the International Monetary Fund to avoid the collapse of its public finances.
Source (Emirati Gulf Newspaper, Edited)
