The data issued by the Central Bank of Tunisia showed an increase of 11.2 percent in the remittances of Tunisians working abroad, until the end of last March, reaching 1427 million dinars (about 509 million dollars), compared to 1298 million dinars during the same period last year.
According to the Central Bank, hard currency receipts increased by 11.2 percent, which contributed to partial compensation for the decline in tourist incomes, which fell by 55.9 percent. The Central Bank revealed that its net assets of hard currency reached 21.8 billion dinars (about 7 billion and 800 million dollars), which is enough to secure 157 days of imports, compared to 20 billion dinars (about 7 billion and 150 million dollars) during the same period last year, i.e. what is equivalent to 115 days of supply.
The increase in the remittances of Tunisians abroad reveals the extent of the commitment of expatriates towards their families, whose situation worsened after the Corona pandemic and the loss of more than 270 thousand Tunisians their sources of income, as part of the transfers of Tunisians goes to family spending, more than they are directed to investment or savings.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
