Tunisia's debt ratio up to 66.9% of GDP end of June 2017 | Tunisia News Gazette

Tunisia’s debt ratio up to 66.9% of GDP end of June 2017

Tunisia’s debt ratio reached 66.9% of GDP by the end of June 2017, compared to 60.3% of GDP in June 2016, according to the public debt brochure published on September 4 by the Finance Ministry.

The outstanding public debt edged up from 52.7 billion dinars to 62.791 billion dinars between 2016 and 2017. This represents almost the double of the State budget for the current year (32.27 billion dinars).

External debt represents more than two-thirds of the public debt (43.6 billion dinars), and is composed of multilateral debt (47%), bilateral debt (15%) and the International Financial Market (IFM) (38 %).

Domestic debt (19.19 billion dinars) consists mainly of assimilable treasury bills (64%) and deposits in the TGT (28%).

According to the same source, the debt service reached 3.6 billion dinars at the end of the first half of 2017, against 2 billion dinars in the same period last year.

Source: TAP News Agency

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