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Financial transfers to Tunisia reached 5.8 billion dinars at the end of June 2023,

10/09/2023

Financial transfers to Tunisia reached 5.8 billion dinars at the end of June 2023, juin 2023, contre 11,6 milliards de dinars au cours de la même période de l’année précédente,compared to 11.6 billion dinars during the same period last year, according to the bulletin of the Central Bank of Tunisia (BCT) on financial indicators n° 223.During the entire year 2022, these transfers were of the order of 19.1 billion dinars.

​The President of the Republic Kaïs Saïed made an unannounced visit yesterday Friday to the headquarters of the Central Bank of Tunisia (BCT), and stressed the imperative of better controlling the control of financing to Tunisia.​

The indicators of the issuing institution also show an increase in the value of current transactions at 44.1 billion dinars, during the first half of 2023, which are composed mainly of commercial transactions and tourist recipes as well as labor income, compared to 38.9 billion dinars during the same period of 2022, registering a significant increase of 5.2 billion dinars (11,8%).

This situation explains a control of the balance of payments deficit which did not exceed 1.8% of gross domestic Product (GDP) at the end of July 2023, according to the latest data from the BCT Board of Directors held on September 7.

Source: https://africanmanager.com