Public Management

Tunisian tourism revenues surge 8% in first four months of 2024

Tunisian tourism revenues surge 8% in first four months of 2024
Thursday, 09 May 2024 12:01

Tunisian tourism revenues reached TND1.64 billion (around $526 million) during the first four months of 2024, marking an 8% increase compared to the same period in 2023, according to data published on May 7 by the country's central bank.

This increase is primarily attributed to a rise in the number of tourists, in a context marked by a significant improvement in the security situation in the country, the central bank noted. Furthermore, the central bank indicated that remittances reached TND2.39 billion ($762 million) between January 1 and April 30 of the current year, representing a 5% increase compared to the same period last year. These transfers constitute the second-largest source of foreign currency after export revenues.

In Tunisia, remittances have surpassed tourism revenues and foreign direct investment flows since the 2011 Revolution, which led to a decline in tourist arrivals and a decrease in the country's attractiveness to foreign investors.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Letshego Africa Holdings, a Botswana-based financial services group listed on the Botswana Stock Exchange, signed agreements with Axian Digital...
First RMBS listing on BRVM backed by NSIA Banque Côte d’Ivoire CFA10 billion securitization aims to expand housing finance Move seeks to deepen...
Holmarcom to acquire BNP Paribas 67% stake in BMCI Deal pending approvals, expected to close Q4 2026 Move strengthens Holmarcom...
Strategy follows mining corridors and regional trade flows Expansion backed by record profits and pan-African growth plans Kenya's Equity...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
04

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
05

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.