Pandemic drives down Tunisia’s tourism revenue by 65%

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Tunisia’s tourism revenue plunged by 65% in 2020 in comparison with 2019, to round $746 million, official figures confirmed on Thursday, because the affect of the Covid-19 pandemic dealt a extreme blow to the nation’s economic system.

In 2020, the variety of guests fell by 78%, as western vacationers abandoned Tunisia’s motels and resorts, a authorities official instructed Reuters. Tunisia had obtained a report 9.5 million guests in 2019.

The contraction of Tunisia’s economic system is anticipated to be at the least 7% in 2020 on account of the lack of revenue from tourism, which accounts for about 8% of GDP and is a serious supply of overseas forex.

Central financial institution knowledge confirmed that tourism revenues fell to 2 billion Tunisian dinars ($746 million), in comparison with 5.6 billion dinars the earlier yr.

Travel restrictions and the unfold of the novel coronavirus around the globe led most motels in Tunisia to shut and tens of 1000’s within the tourism sector misplaced their jobs, which prompted the federal government to announce amenities in loans to resort house owners. ($1 = 2.6811 Tunisian dinars)

(This story has been printed from a wire company feed with out modifications to the textual content.)

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