Official data issued by the Central Bank of Tunisia showed that expatriate remittances grew during the first five months of this year by 3.5% year-on-year, continuing to support the country's cash reserves. According to the data, the volume of transfers during the period from last January to the tenth of June amounted to 3.05 billion dinars (985.48 million dollars). Thus, expatriate remittances outperformed tourism sector revenues, which amounted to 2.1 billion dinars ($691.3 million) between January and May. The country's cash reserves since the beginning of this year amounted to 23.3 billion dinars ($ 7.5 billion), compared to 22.7 billion dinars ($ 7.3 billion) annually.
Source (Al-Arab Newspaper of London, Edited)
