Connect with us

Hi, what are you looking for?

video

Expatriates’ remittances boost Tunisia’s foreign exchange

Expatriates’ Remittances

Expatriates’ remittances prevent the collapse of the national currency and improve cash reserves. They rose 11.2% in March to reach 1,427 million dinars, compared to 1,298 million in March 2020. Despite COVID-19 repercussions, Tunisians continue to supply the country with hard currency

The tourism sector, the most important source of foreign exchange, was severely affected by the pandemic as its revenues fell by 65% last year.

The net assets of the Central Bank in hard currency equals 21.8 billion dinars. The Central Bank seeks to come up with a plan to attract more of the Tunisians’ money abroad

Will Tunisian expatriates’ remittances continue to be an important source amid the financial difficulties?

special

The Tunisian General Labor Union (UGTT) has accused the government of Hisham Mchichi of targeting the Tunisian people, warning it against implementing any commitments with...

special

The Central Bank of Tunisia has announced it will continue making efforts to maintain the financial and economic balance of the country. The bank...

special

Tunisia’s negotiations with the International Monetary Fund to obtain an exceptional loan of $4 billion have been ongoing since early May. Technical negotiations between...

Business

The Tunisian construction sector took a significant hit after the increase in iron prices last week, increasing to more than a quarter of its...