TUNISIA'S PUBLIC DEBTS REGISTER 70 PER CENT OF GDP | Tunisia News Gazette

TUNISIA’S PUBLIC DEBTS REGISTER 70 PER CENT OF GDP

TUNIS– Tunisia’s public debts climb to 69.9 percent of its GDP in 2017 compared with 61.9 percent in 2016, announced Tunisian Ministry of Finance Saturday.

The public debts rose from 55.92 billion dinars (US$22.93 billion) in 2016 to 68.07 billion dinars in 2017, while the external debts rose up to 46.79 billion dinars.

The debt service in Tunisia is on an upward curve, rising from 5.20 billion dinars in 2016 to 7 billion dinars in 2017.

Tunisia’s external borrowing is around 8.64 billion dinars, twice more than the level in 2016.

Domestic borrowing falls to 2.68 billion dinars at the end of 2017, compared with 3.89 billion dinars in 2016.

Source: NAM NEWS NETWORK

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