Foreign currency reserves rise to high level in two years

The foreign currency reserves reached nearly 17 billion dinars, corresponding to 95 days of import as at August 9, 2019, up 35.3% over the same period last year, the Central Bank of Tunisia (BCT) said on Wednesday. At the same date last year, foreign currency reserves were just under 11 billion dinars, equivalent to 71 days of imports. The International Monetary Fund (IMF) had approved the payment of a 247-million-dollar instalment (about 730 million dinars) for Tunisia, which represents the sixth instalment of the extended fund facility. The BCT also…

Hergla to host film festival on Tunisian animation on August 19-22

The Hergla film festival 14th edition will be held from August 19 to 22. Aimed to spotlight African and Med films, the Festival is sponsored by the Association Ciné-Sud Patrimoine, in association with the Italian Institute of Culture, the Tunisian culture ministry and TV5 MONDE. This edition’s main focus is Tunisian animation films and their evolution since the 1960s, with the pioneer of the genre Mongi Sancho, up to the present days with “Briska”, the latest work by the young director Nadia Rais. Rais is considered one of the most…