Tunisia's Foreign Exchange Reserves Record $7.87 Billion

  • Tunisia
  • 3 December 2024
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The Central Bank of Tunisia revealed that the growth rate rose by about 1.8% during the third quarter of this year, compared to one percent during the second quarter and 0.4 percent a year earlier.

The current deficit continued to shrink to 3.1 billion dinars ($980 million), equivalent to 1.9 percent of GDP, at the end of October, up from $1.2 billion, or 2.5 percent of GDP, a year earlier.

Tunisia's foreign exchange reserves at the end of November stood at 24.8 billion dinars ($7.87 billion), covering nearly four months of the country's imports. The government seeks to reduce the fiscal deficit over the next three years to 6.6 GDP this year, then 3.9 percent by the end of 2026, compared to about 7.7 percent at the end of last year.

Source (Al-Arab newspaper of London, Edited)

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