Financial and Banking News

BUDGETS AND REVENUES

Tunisian Foreign Debt Reaches $5.4bn at end 1986

According to figures released recently by the Minister of Planning and Finance of Tunisia, Mr. Ismail Khalil, Tunisia's total foreign debt at the end of 1986 totaled $5.4bn, of which TD506mn ($617mn) was short-term. He said that the average maturity profile of Tunisia's debt is 18 years with 3.5 years grace and an average interest rate of 6.1%. Approximately 45% of the total is...