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PrintTunisia's foreign currency reserves fall after repayment of $1.1 bln foreign debt
BY Reuters | ECONOMIC | 01:16 AM ESTTUNIS, Jan 30 (Reuters) - Tunisia's foreign currency reserves have fallen to the equivalent of 104 days of imports after the country paid off $1.1 billion in foreign debt, central bank figures showed on Thursday.
The central bank said the country's foreign reserves fell to 23.325 billion dinars ($7.30 billion) on Thursday, equivalent to 104 days of imports, from 26.701 billion dinars a day earlier, or 119 days of imports.
Tunisia's parliament last month approved a law letting the central bank provide $2.2 billion to finance the 2025 budget to pay off urgent debts, the second time in less than a year that the government has resorted to the bank for funds.
Finance Minister Sihem Boughdiri said last month that Tunisia needs to pay off debt worth 9 billion dinars in the first quarter of 2025, including 5.1 billion dinars in foreign debt.
($1 = 3.1944 Tunisian dinars) (Reporting by Tarek Amara; Editing by Sonia Cheema)
