Tunisia Foreign Currency Reserves Decline

The Central Bank of Tunisia reported a drop in foreign currency reserves to cover 104 days of imports after repaying $1.1 billion in foreign debt. Reserves decreased to 23.325 billion dinars from 26.701 billion dinars.


According to the Central Bank of Tunisia, the country's reserves in foreign currency have decreased to cover 104 days of imports after the payment of 1.1 billion dollars in external debt. The central bank stated that Tunisia's reserves in foreign currency fell to 23.325 billion dinars (7.30 billion dollars) on Thursday, which corresponds to 104 days of imports, compared to 26.701 billion dinars or covering 119 days of imports the previous day.

The Tunisian Parliament last month passed a law allowing the central bank to provide 2.2 billion dollars for financing the budget for 2025 for the repayment of short-term debts. This is the second time in less than a year that the government approaches the bank for financing. Furthermore, discussions were held around monetary regulation and enhancing transparency and supervision of the financial system to strengthen confidence in the economy, according to the statement.