Foreign-currency reserves down to 22.7 billion dinars after the July debt payment

The latest Central Bank of Tunisia (BCT) indicators put foreign-currency reserves at 22.7 billion dinars on July 20, about 90 days of imports: down 487 million dinars, the equivalent of eleven days of cover, from the same date in 2025, after the state repaid a 740-million-euro external maturity (roughly 2.499 billion dinars) during July. Two inflows are cushioning the fall: tourism receipts reached 3.681 billion dinars by July 20, up 158 million year on year, and transfers from Tunisians abroad passed 4.7 billion dinars, up 230 million. The arithmetic shows how narrowly Tunisia is now financing itself, holidaymakers and the diaspora are covering what external borrowing no longer does.

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