Tunisia’s inflation rate held steady at 7.5% YoY in March, with food prices remaining unchanged at a 10.2% YoY increase. Core inflation was stable at 7%. Tourism revenues rose to TND 1.2 bln in Q1 2024, a 6% increase from the previous year. Workers’ remittances went up by 4%. However, the external debt service more than doubled to TND 5.8 bln in Q1 2024. FX reserves reached TND 23.4 bln, equivalent to 107 days of imports, improving from the previous year’s TND 22 bln or 95 days of imports.