f inancial s tatistics - Banque Centrale de Tunisie

F I N A N C I A L

S T A T I S T I C S

DECEMBRE 2003 N°145

TABLE OF CONTENT

______________________________________________________________________________ Methodological pages.................................................................................................................... A 6 MONEY, LOAN, EXCHANGE AND STOCK MARKET I – CENTRAL BANK OF TUNISIA I-1-A Monthly statement by sector (Assets) ....................................................................... 2 I-1-B Monthly statement by sector (Liabilities) ................................................................. 3 I-2-A Retrospective statement by sector (Assets) ............................................................... 4 I-2-B Retrospective statement by sector (Liabilities).......................................................... 5 II – DEPOSIT BANKS II-1-A Monthly statement by sector (Assets) ...................................................................... 6 II-1-B Monthly statement by sector (Liabilities)................................................................. 7 II-2-A Retrospective statement by sector (Assets) .............................................................. 8 II-2-B Retrospective statement by sector (Liabilities) ........................................................ 9 III – MONETARY SYSTEM III-1 Monetary system monthly statement .......................................................................... 10 III-2-A Monetary system resources..................................................................................... 12 III-2-B Monetary system resource counterparts.................................................................. 14 a- Monetary system foreign assets and liabilities ........................................................... 14 b- Monetary system net claims on the State ................................................................... 16 c- Monetary system financing of the economy............................................................... 17 III-3 Monetary system loans to the economy broken down by term................................... 18 IV – DEVELOPMENT BANKS AND LEASING COMPANIES IV-1-A Development banks’ monthly statement by sector (Assets)................................... 20 IV-1-B Development banks’ monthly statement by sector (Liabilities) ............................. 21 IV-2-A Leasing companies’ monthly statement by sector (Assets) .................................... 22 IV-2-B Leasing companies’ monthly statement by sector (Liabilities) .............................. 23 V – RESIDENT FINANCIAL SYSTEM RESOURCES AND THEIR COUNTERPARTS ...... 24 VI – OFFSHORE BANKS VI-1- Offshore banks’ monthly statement by sector (Assets) ............................................. 26 VI-2- Offshore banks’ monthly statement by sector (Liabilities) ....................................... 27 VII –OVERALL FINANCIAL SYSTEM RESOURCES AND THEIR COUNTERPARTS 28

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VIII – RISK BASE VIII-1- Total loans counted by the risk base ....................................................................... 30 VIII-2- Short term loans counted by the risk base .............................................................. 32 VIII-3- Medium and long term loans counted by the risk base........................................... 34 IX – CLEARING HOUSES IX-1-A Number of cheques handled in the clearing houses................................................ 36 IX-1-B Value of cheques handled in the clearing houses ................................................... 37 IX-2-A Number of drafts handled in the clearing houses ................................................... 38 IX-2-B Value of drafts handled in the clearing houses ....................................................... 39 IX-3-A Number of transfers handled in the clearing houses............................................... 40 IX-3-B Value of transfers handled in the clearing houses .................................................. 41 IX-4-A Total number of operations handled in the clearing houses ………. ..................... 42 IX-4-B Total value of operations handled in the clearing houses ....................................... 43

X – MONETARY AND CREDIT POLICY

X-1-A Instruments of monetary and credit policy………………………………………… 44 X-1-B and C Outstanding and weighted rates of Treasury bonds ………………………… 45 X-2 Interest rate..…….. ........…….. ................…….......................……..............……………. 46 X-3 Remuneration of the main forms. of deposits….. ..................…...…….. ....………… 52 XI - EXCHANGE

XI-1 Average rates of the currencies quoted on the interbank exchange market...... ….…. 53 XI-2 Daily rates of the main currencies quoted on the interbank exchange market ............ 54

XI-3 Exchange rate of the dinar in special drawing rights (SDR)......................................... 54 XI-4 Conversion rates of currencies of the euro zone countries……… ...........................… 54 XII – STOCK EXCHANGE MARKET XII-1 Trend in listed shares prices ...................................................................................... 55 XII-2 Annual trend in the main stock exchange indicators .................................................. 56 XII-3 Monthly trend in the main stock exchange indicators on the official quotation. ..... . 56 XII-4 Monthly transactions on the off-list and registry operations ..................................... 57 XIII – RETROSPECTIVE SERIES WITH RESPECT TO DEPOSITS XIII-1 Sight deposits at deposit banks ................................................................................ 58 XIII-2 Overall savings at deposit banks ............................................................................. 58 XIII-3 Home savings at the Banque de l’Habitat (BH) 58 XIII-4 Total savings at the Postal Savings Centre (CEP ex- CENT) .................................. 59 XIII-5 Savings in foreign currencies at the CEP ................................................................. 59 XIII-6 Total Indebtedness .................................................................................................. 60

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GENERAL ECONOMIC STATISTICS XIV – INDUSTRIAL PRODUCTION INDEX (1990=100)....................................................... 62

XV – INDUSTRIAL SALE PRICE INDEX (1990 = 100)........................................................... 63 XVI – CONSUMER PRICE XVI-1-A General index of household consumer prices (1990=100) ................................. 64 XVI-1-B General index of household consumer prices (2000=100) ................................. 65 XVII – AGRICULTURAL PRODUCTION XVII-1 Cereals .................................................................................................................... 66 XVII-2 Main agricultural production other than cereals ..................................................... 66 XVII-2 Main agricultural production other than cereals (continuing) ................................ 67 XVII-3 Production prices of some agricultural products..........................……...…...... 67 XVIII – INDUSTRIAL PRODUCTION XVIII-1 Mining and energy production .............................................................................. 68 XVIII-2 Main production of mining and energy by-products............................................. 69 XIX – TOURISM XIX-1 Breakdown of non resident entries by nationality ...................................................... 70 XIX-2 Breakdown of non resident bednights by nationality..............…......…….......... 72 XX – FOREIGN TRADE XX-1 Trend in the balance of trade..................................................................................... 73 XX-2-X Breakdown of export (FOB) by group of product use .......................................... 74 XX-2-M Breakdown of import (CIF) by group of product use ................................. 75 XX-3-X Main exported products......................................................................................... 76 XX-3-M Main imported products ....................................................................................... 78 XX-4-X Breakdown of export by main countries....................................…………….. 80 XX-4-M Breakdown of import by main countries....………………………………… 81 XXI – ACCOUNTS OF THE NATION XXI-1 Gross domestic product (GDP) by branch of economic activity .............................. 82 XXI-2 Use of GDP .............................................................................................................. 83 XXI-3 Breakdown of gross fixed capital formation by branch of activity.......................... 83

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XXII – BALANCE OF PAYMENTS XXII-1 Trend in receipts ..................................................................................................... 84 XXII-2 Trend in expenditures ............................................................................................ 85 XXII-3 Trend in balances.................................................................................................... 86 XXII-4 Trend in main payment transactions....................................................................... 87 XXII-5 Some external debt parameters............................................................................... 87 XXIII – OVERALL EXTERNAL POSITION ............................................................................. 88

Used signs

- Strictly nil < didn’t exist .. Non-available MTD Million dinars > No longer exists mD Thousand dinars " Idem P Power

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METHODOLOGICAL PAGES This bulletin, published quarterly by the Central Bank of Tunisia is, mainly, devoted to

financial statistics the major part of which is entirely worked out by the Bank’s departments. In the last pages of the bulletin, general economic statistics of a current use are also published as soon as they become available.

I

The financial chapter entitled «Money, loan, exchange and stock market» concerns : 1) The Central Bank of Tunisia Statistics of the Central Bank of Tunisia are worked out on the basis of its ten-day statements.

They are presented after reclassifying the various items in the form of monthly sector-related statements and annual, quarterly and monthly retrospective statements.

2) The lending institutions a) Deposit banks - Arab Tunisian Bank (ATB) - Banque Internationale Arabe de Tunisie (BIAT) - Banque Franco Tunisienne (BFT) - Société Tunisienne de Banque (STB) - Banque Nationale Agricole (BNA) - Union Bancaire pour le Commerce - Banque du Sud (BS) et l’Industrie (UBCI) - Banque de Tunisie (BT) - Union Internationale de Banques (UIB) - Amen Bank - Banque de l’Habitat (BH, ex-CNEL) - Citibank (onshore) - Banque Tunisienne de Solidarité (BTS) - Arab Banking Corporation (ABC onshore) Banking system statistics worked out on the basis of the monthly statements of these deposit

banks are presented in the form of monthly sector-related statements and annual and monthly retrospective statements.

It should be mentioned that the accounting statements of Citibank, the Banque de l’Habitat (ex-

CNEL transformed into deposit bank in June 1989) and the BNDA, a bank which was taken over in June of the same year by the BNT called henceforth BNA, are only posted in deposit banks’ statistics, as of December 1989. Accounting statements of the BTS, operating as of January 1998, are ever then posted in monetary system statistics.

The Banque de Développement Economique de Tunisie (BDET) and the Banque Nationale de

Développement Touristique (BNDT) are no longer considered development banks as of December 2000, month of their takeover by the Société Tunisienne de Banque (STB). Henceforth, their statistics are integrated within those of deposit banks.

b) Financial institutions

• leasing companies Tunisie-Leasing (TL), the Union Tunisienne de Leasing (UTL), the Companie Internationale

de Leasing (CIL), the Arab Tunisian Leasing (ATL), Amen Lease (AL), General Leasing (GL), Modern Leasing (MD), Arab International Lease (AIL), Best Lease (BL), Hannibal lease (HL), and El Wifak Leasing (WL).

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• merchant banks The two merchant banks are the International Maghreb Merchant Bank (IMMB) and the

Banque d’Affaires de Tunisie (BAT).

• factoring companies Amen Factor, Tunisie Factoring and Uni-Factor. 3) Specialised banks or banks with a particular status a) Development banks The Banque de Tunisie et des Emirats d’Investissement (BTEI), the Tunisian Quatar Bank

(TQB, BTQI previously), the Banque Tuniso-Koweitienne de Développement (BTKD), the Société Tuniso-Saoudienne d’Investissement et de Développement (STUSID) and the Banque Arabe Tuniso-Libyenne de Développement et de Commerce Extérieur (BTLD). The Banque de Coopération du Maghreb Arabe (BCMA) was put into liquidation as of October 2001. As a result, relating statistics are no longer included in development banks’ statement henceforth.

b)Offshore banks

Citibank, the Union Tunisienne de Banques (UTB), Tunis International Bank (TIB), Loan and Investment Co (LINK), Beït Ettamouil Saoudi Tounsi (BEST), North African International Bank (NAIB), Alubaf International Bank (AIB) and Arab Banking Corporation (ABC).

4) Debt collection companies The Société Tunisienne de Recouvrement des Créances (STRC), EL ISTIFA Company, the

Companie Internationale Arabe de Recouvrement (CIAR), the Société Financière de Recouvrement des Créances (SOFINREC), The Sud Recouvrement (SR), the Internationale de Recouvrement des Créances (IRC) and Le Recouvrement.

5) A savings collection company The Postal Savings Centre (CEP ex-CENT). 6) Operating investment companies 92 closed-end management funds (SICAF), 34 variable capital investment funds (SICAV) and

36 venture capital companies (SICAR). 7) The monetary system The monetary system includes, in addition to the Central Bank of Tunisia, deposit banks and

the Postal Cheque Centre (cf. relating diagram presented on page A 19). Retrospective statements of the Central Bank, deposit banks and Postal Cheque Centre are

consolidated to constitute the monetary statements. The latter is followed by a detailed breakdown of each of the three monetary resource counterparts (net claims on abroad, net claims on the State and financing of the economy).

8) Resident financial system

Resident financial system includes the monetary system, the development banks, the leasing companies and the Postal Savings Centre (CEP ex-CENT).

9) Global financial system

Global financial system includes resident financial system and offshore banks.

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10) Loans counted by the Risk Base These loans are monthly transmitted to the risk Base of the Central Bank of Tunisia. The

counting includes overall loans given by global financial system broken down by branch of economic activity and distributed into short, medium and long term loans up to October 2002. As of November 2002, these statistics concern just professional loans. Non professional loans granted to individuals are put in a separate table.

11) Clearing houses The publication includes statistics on the cheques’ number and amount, drafts and transfers

dealt with in the clearing houses of Tunis, Sfax, Sousse, Bizerte, Nabeul, Gabes, Gafsa, Kasserine, Kairouan, Medenine, Jendouba and Monastir. Monthly series are obtained through accumulated daily data.

12) Monetary policy and loan instruments In this framework, the intervention instruments of the Central Bank of Tunisia are recapped.

The rediscount is removed whereas debtor and creditor interest rates and bank commissions are almost released.

13) Exchange In addition to a retrospective series for spot exchange representing interbank average rates

expressed in dinar of listed currencies on the interbank market over the last working day of the considered month and their monthly averages, this part includes a table describing the trend of the main three listed currencies on the interbank market during the last three months. Furthermore, a series of the Tunisian dinar exchange rate expressed in SDR is published.

14) Stock exchange market Relating statistics concern Tunis Stock Exchange listed and off-listed transactions. * Official quotation : listed companies’ shares are traded in compliance with the set criteria in

terms of amount and distribution of capital in the same way as bonds of companies issuing public call for savings and intending to list their debenture loans.

Companies listed on the official quotation are : - Financial institutions :

° Amen Bank(AB) ° Arab Tunisian Bank (ATB) ° Banque de l’Habitat (BH) ° Banque Internationale Arabe de Tunisie (BIAT) ° Banque Nationale Agricole (BNA) ° Banque du Sud (BS) ° Banque de Tunisie (BT) ° Banque de Tunisie et des Emirats d’Investissement (BTEI) : priority divident shares ° Société Tunisienne de Banque (STB) ° Union Bancaire pour le Commerce et l’Industrie (UBCI) ° Union Internationale de Banques (UIB) ° Astree-Companie d’Assurance et de Réassurance ° Companie d’Assurance et de Réassurance de Tunisie Europe (CARTE) : investment certificates ° Société Tunisienne d’Assurance et de Réassurance (STAR) ° Amen Lease (AL)

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° Arab Tunisian Lease (ATL) ° Companie Internationale de Leasing (CIL) ° General Leasing (GL) ° Tunisie Leasing (TL) ° Placement de Tunisie – SICAF ° Société de Placement et de Développement Industriel et Touristique (SPDIT-SICAF) ° Société Tunisienne d’Investissement à Capital Risque TUNINVEST-SICAR

- Industrial Companies : ° Air Liquide Tunisie ° Société Chimique-ALKIMIA ° ELECTROSTAR ° EL MAZRAA ° Société des Industries Chimiques du Fluor – ICF ° Société Frigorifique et Brasserie de Tunis – SFBT ° Société Industrielle d’Appareillage et de Matériel Electriques – SIAME ° Société Tunsienne de Verrerie – SOTUVER ° Société Tunisienne d’Industrie Laitière – STIL ° Tunisie Lait ° Société des Industries Pharmaceutiques de Tunisie – SIPHAT ° Société Tunisienne des Industries Pneumatiques – STIP ° Société Tunisienne d’Equipement – STEQ ° Société Moderne de Céramique -SOMOCER

- Service business ° Société Magasin Général – SMG ° Société Nouvelle Maison de la Ville de Tunis – MONOPRIX ° Société Tunisienne de l’Air – Tunisair ° Société Immobilière et de Participation – SIMPAR ° Société du Transport des Hydrocarbures par Pipeling “SOTRAPIL” ° Société Tunisienne d’Entreprise et de Télécommunication – SOTETEL ° Société Tunisienne des Marchés de Gros – SOTUMAG ° Palm Beach Hotel Tunisia – PBHT

The electronic quotation which started as of 25 October 1996 with four companies was

extended to all companies in the beginning of July 1997. The Société des Produits Chimiques de détergent (SPCD), the Company Le Moteur and the

company Ateliers Mécaniques du Sahel (AMS) crossed off the stock market on 24 May 2001, 7 March 2002 and 26 January 2004 respectively following public withdrawal transactions.

The Company Hela Home Appliance and Comfort “BATAM” has been transferred to the off list as of 10/02/2003 per decision of the Executive Board of Tunisia Stock Exchange Market.

* Off list : Shares and bonds which are not listed on the official quotation are traded in this

framework. Stock market capitalisation : the number of listed shares multiplied by their last prices of the

period. Number of listed companies : the number of companies listed on the stock market. Volume of transactions : the volume of trade effected in one sense, at sale, on the official

quotation or off list. BVMT general index (base 100 on 30 September 1990) : it reflects the trend of average market

rate of return. All listed shares are included in the reference pattern before its adjustment on 31 March 1998. The new pattern includes just shares with a quotation frequency higher than 60%. This index was published in its current form, on 1st April 1998, with a base of 465.77 on 31 March 1998.

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TUNINDEX index : new index of stock market capitalisation base 1000 on 31 December 1997, published on 1st April 1998. To calculate this index, we take into account the average trend in stock rates weighted by the number of issued stocks. The basic pattern is made up of listed ordinary shares the stay period of which in either of the stock markets’ quotation is at least six months.

15) Sight and savings deposits Five tables concerning overall sight and savings deposits at deposit banks, home savings at the

Banque de l’Habitat and overall savings and savings in foreign currencies at the Postal Savings Centre (CEP) are respectively published in this chapter.

II

The part « Global economic statistics » concerns prices, agricultural production, industrial

production, tourism, foreign trade, accounts of the nation, the general balance of payments and global external situation.

FURTHER EXPLANATION OF SOME ITEMS OF THE TABLES Table I-1-A, page 2 : Monthly situation of the Central Bank of Tunisia (BCT) by sector (asset)

1) The items «Rediscounted bills on abroad» in dinar and «Refinancing bills» in foreign currency represent claims on non-residents held by the BCT and posted, in this respect, in foreign assets. These items constitute, on the other hand, a claim on deposit banks and are registered as such and removed from «Non-reserved and adjustment items».

2) BCT firm purchase at the end of 1996 of BNA claims on the Cereal Board and the National Oil Board.

3) Rediscounted bills do no longer exist following mandatory lending requirements (RAP) removal.

4) BCT contribution in the share capital of SIBTEL company. Tables II-1-A, IV-1-A and IV-2-A, pages 6, 20 and 22

1) Transferable Treasury bonds (set up in 1989), negotiable Treasury bonds on the stock market (set up as of 1993), bonds equivalent to Treasury bonds (instituted in March 1999) and short term Treasury bonds (set up in October 1999) kept in portfolio by the banks.

2) Borrowing deeds issued by the State, negotiable on the money market and kept in portfolio by the banks.

3) « Frozen and contested debts », « Unrecovered amounts in the 1st and 2nd presentation » and « Arrangement, rescheduling and consolidation ».

Tables II-1-B and III-1, pages 7 and 11

1) The item « Rediscounted bills » introduced in « Banks’ discounted portfolio » includes bills raised at the BCT through a global bill. The primary bill is always included in banks’ portfolio.

Table II-2-A, page 8 : Retrospective statements of deposit banks by sector (Asset) As of 1989, these two items are entered in the ordinary current account of banks. Tables III-1, V and VII pages 10, 24 and 28

1) « State securities held by the public » : this item includes investment bonds and transferable Treasury bonds (BTC). As of December 2001, it only includes BTC.

2) The item « Commercial paper » accounts for loan deeds between companies issued on the money market. They appear in the statistics of monetary and financial systems as of December 1989 with the new structure of the money market.

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Table III-2-A, pages 12 and 13 : Monetary system resources 1) Amount of deposits in project and investment savings-accounts and other savings

accounts for the years 1982-1983 is not identified and is included in the item « Special savings accounts ».

Table III-2-B (a), page 14 : Monetary system foreign assets and commitments 1) The item : « Loans to non residents and equity investment in currency » includes the

items « Rediscounted deeds on abroad» in dinar and in foreign currency and «equity investment in foreign currency» of the BCT statement. The same item includes also «Discounted portfolio on abroad», « Other amounts to be collected on abroad », « Current accounts receivable (non resident) » and as of March 1987, « Frozen debts » of deposit bank statement.

Table III-2-B (b), page 16 : Monetary system net claims on the State 1) The item « Advance to the State » includes : medium term advance from December 1962 to

January 1968, advance in counterparts of deposit in currency from May 1963 to April 1968, permanent and redeemable advances from July 1970, SDR counterparts advances from December 1970 and at last advance on subscription to international institutions as of December 1992.

2) The item « Other claims » includes Treasury bills and cheques in collection, secured bonds (from 1965 to 1967), a claim set up in 1958 for the transfer of issue privilege to the BCT up to January 1970, the claim with respect to French franc devaluation (from 1958 to December 1973).

3) The item « Investment bonds and others » includes the amount of investment bonds in banks’ portfolio up to August 2000 and those of investment bonds and State takeover of claims of public companies in difficulty (from September 2000 to November 2001). As of December 2001, this item corresponds just to amounts of State assumption of these claims.

Table III-2-B (c), page 17 : Monetary system financing of the economy 1) The « Portfolio discount » includes, among others, rediscounted deeds through global bill. 2) « Adjustment items » include deeds with respect to bank allowance uptakes to the BCT,

deeds in counterpart of borrowing contracted with the Issuing Institute in the framework of money market transactions and deeds rediscounted through a global bill and kept in banks’ portfolio-discount. Because it is necessary to isolate all BCT loans in the consolidated situation, allowances and interventions on the money market and rediscounted deeds through a global bill deducted from overall loans given by banks.

Table III-3, page 18 1) « Frozen claims and other loans on ordinary resources » groups together, up to February

1987 the items « Debt collection and net encashment», « Miscellaneous debtors» and «Bad and contested loans ». As of March 1987, this item corresponds to «Frozen, bad and contested claims», «arrangement, rescheduling and consolidation», «outstanding bills and cheques at 1st and 2nd presentations», «Advances on forward accounts and cash voucher» to «syndicated loans», «leasing transactions» and « loans to the personnel ».

Tables VIII-1,VIII-2 and VIII-3, pages 30 to 35 1) As of November 2002, data published by the risk Base include just loans to

professionals. Tables IX-1-A, IX-1-B, IX-2-A, IX-2-B, IX-3-A, IX-3-B, IX-4-A and IX-4-B, pages 36 to 43 :

Clearing house transactions As of 20 December 1999, date of launching the electronic clearing between banks and the

National Post Board, transfer and debit transactions are fully dealt with in the cleaning house of TUNIS. Cheques and bills’ transactions are effected for the most electronically; however some of these transactions continue to be effected manually. It should be noted that the exchange of scanned cheques was introduced as of 28 June 2002. Like cheques, deeds are dealt with electronically as of 25 October 2002, in parallel with the manual procedure which is to be removed.

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Table X-1-A, page 44 : Instruments of monetary and lending policy 1) Though the money market was set up on 23 July 1963, the Central Bank did only start to

participate, effectively, in transactions over January 1974. One year later, the BCT fixed a ceiling calculated on the basis of overall deposits for the global resort of each bank to rediscount in the framework of ordinary quotation, a procedure which was abolished on 18 January 1988 and to the money market. Fixed at first at 15%, this ceiling was raised to 17.5% on 11 June 1982 and it was decided to adjust it frequently as of 13 November 1986. Thus, in November 1986 it was decided twice to cut it down 14.5% then 14%. On 15 May 1987, it was reduced to 13.5%.

Borrowing requests going beyond the ceiling were met by the BCT with penalty rate calculated on the basis of the money market average rate raised by a certain margin.

From its restructuring in pursuance of circular of the BCT N°87-49 of December 1987 repealed as per circular N°89-14, the money market is open to banks, companies and other institutions authorised to issue commercial paper and / or to subscribe certificates of deposits. The interest rates are freely negotiated between the different interveners and the transactions are either sight or forward ones. The Central Bank intervenes to offer liquidity in the form of purchase of deeds or claims on call for bids and allowance uptakes. In case of over-liquidity, the BCT can effect liquidity tapping in the form of auction.

It should be mentioned that up to 1973, these transactions were effected on several maturities and the highest rates were those applicable to operations contracted on 28 days. From January 1974 to 17 January 1988, operations were contracted for one day. Daily averages are calculated as of 1980 for all days of the month and no longer working days only.

Average rates weighted by overnight amounts (market rate) and those of other durations which have been adjusted, up to now to 1/16 percentage point of the nearest as per provisions of circular N°89-14 of 17 May 1989 are, starting 2 May 2002, rounded off to 1/32nd percentage point the nearest. The Central Bank transmits these rates and the average weighted rates of the certificates of deposit and commercial paper at the latest in the day following the reception of banks’ information. Banks’ purchase order must include the amounts as well as the corresponding rates classified by a descending order and a portion of 1/32nd percentage point. The same is applied to amounts and rates with which banks lend money.

2 & 4) As per provisions of circular to banks N°2001-18 of 28 December 2001 banks are authorised as of 2 January 2002 to have a direct recourse to the Central Bank refinancing in the form of allowance uptakes for a period varying between one (1) and seven (7) days compared to 7 days earlier. The interest rate applicable to these operations is that of the last call for bids raised currently by one percentage point.

3) The first line corresponds to figures of end of period and the second to the monthly average. 5) As of 6 November 2001, a new intervention mode of the Issuing Institution was introduced

on the money market. This concerns the allowance of three-month Treasury bonds through call for bids. The rate applicable to this intervention is the market rate, obtained from rates offered by banks in the framework of their submissions.

6) The (+) sign indicates a liquidity injection and the (-) sign indicates a liquidity tapping. 7) As of 10 June 1992, a new mechanism of financing in foreign currency was set up. It helps

resident companies to benefit from positive conditions given on the foreign exchange market. 8) For the first time on 29 April 2003, the Open Market Transactions were introduced for firm

purchase or sale of Treasury bonds. 9) BCT global refinancing includes bill rediscount (removed on 29/11/96) on Tunisia and

abroad in dinar, intervention on the money market effected by the Issuing Institution, BCT special allowance to a local bank in February 1992 (reimbursed fully in advance on 29 December 2000) as well as refinancing in foreign currency, a financing mode to which banks no longer resort as of 22 January 1998. This refinancing concerns also, as of April 2003, the open market operations.

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It should be mentioned that the rediscount was, as of 2 January 1987, devoted to loans benefiting priority sectors (agriculture, export and small-scale and medium-scale companies), the rates of favour of which were removed in November 1996.

The ceiling fixed previously at 12 million dinars for medium term loans was removed on 31 March 1975 when the global ratio for financing development was created (RGFD). Henceforth, banks can only present to rediscount bills accounting for medium term loans given on their capital stock going beyond the minimum portfolio of the ratio of use in medium term private bills. As of 16 June 1989, this ratio was removed giving way to a ratio for mandatory lending requirements (RAP) corresponding to 10% of deposits in dinar for each bank. This concerns sight deposits, forward deposits, cash vouchers and other financial products, savings accounts, and certificates of deposits. As of 29 November 1996, the mandatory lending requirement was removed.

From 14 August 1981 to 18 January 1988 when the money market was reorganised, representative bills of more than seven-year loans given within 3% of deposits of each bank can, on the basis of a rediscount agreement, be refinanced at the Central Bank within 70% of effective intervention of banks in the sector of agriculture and 60% in the other sectors without going beyond 10% of rediscount for overall bills.

It should be noted that on 10 October 1958 a rediscount agreement regime was set up for short term loans financing any agricultural, trade, or industrial operation and subject to a prior authorisation.

On 4 August 1964, medium term loans were also subdued to a prior authorisation and the rediscount agreement regimes.

On three occasions between 1967 and 1975, loan amounts subdued to a prior authorisation and to a rediscount agreement were modified.

On 2 January 1981 and to give banks a further sense of responsibility, there was a substantial increase in the amount as of which a number of short term loans is subdued to a prior authorisation and rediscount agreement. These ceilings were reviewed upward on 1 March 1985 and 2 January 1987 before their entire removal on 23 December 1987.

Cash resumption operations effected as of 23 November 1988 consisted in channelling all liquidity requests towards the money market. Thus the rediscount which was previously a source of liquidity for banks does now only provide them with the advantage of interest rate differential corresponding to the difference between the rediscount rate devoted to priority activities and that of the money market. This advantage was removed on 29 November 1996 with the elimination of rates of favour devoted to priority activities.

10) Set up on 28 September 1964, the reserve requirement was calculated on the basis of the increase of overall deposits of end of month and was fixed at 10% up to 31 December 1966. Henceforth, it was calculated in this way in line with the different increases of deposits : - 10% of the increase of deposits which are lower than or equal to 0.5%, - Between 50% and 80% increase of deposits which are higher than 0.5% and lower or equal to 2.5%, - 85% of increase of deposits which are higher than 2.5%.

On 11 April 1968, the reserve requirement was fixed at 10% of any increase of deposit which is lower than or equal to 1% and 30% of any increase of deposits which is higher than 1%.

As of 21 May 1973, the reserve requirement was calculated on overall deposits of end of month. Its rate is fixed at 8%. From 2 January 1975, it was calculated according to two different rates. Deposits in capital accounts and accounts calling for adjustment of non residents were previously subdued to 40%. For sight deposits and forward deposits of less than or equal to one year, the applied rate has frequently been modified depending on banks’ treasury :

2/1/75 : 6.5% 16/8/76 : 5.5% 8/4/77 : 3% 1/7/77 : 1% 14/7/78 : 0% 19/1/79 : 2% 4/7/79 : 1% Worth of note that as of 31 March 1980, deposits in foreign currency accounts belonging to

non residents were deducted from the basis of the reserve requirement. The applied rate on this new basis was modified as follows :

20/5/81 : 0% 27/11/81 : 3% 12/3/82 : 1% 10/5/82 : 0% A 13

From 10 August 1983, deposits in foreign accounts in convertible dinar opened on behalf of individuals with Tunisian nationality are not considered in calculating the basis of the reserve requirement.

As of 16 June 1989, banks constituted a reserve requirement equal to 2% of the basis constituted by sight deposits in resident accounts, non resident accounts (INR, INRE), special accounts in dinar and forward accounts, cash voucher and other financial products and certificates of deposits. Furthermore an additional reserve requirement for December 1989 was set up. The amount of this reserve to be constituted between 16 December 1989 and 15 January 1990 should be more than 4% increase, over the fourth quarter of 1989, in outstanding sight deposits in dinars and in certificates of deposits.

From March 1990, the amount of reserve requirement was set at 2% of the basis constituted by deposits that banks collect in dinar excluding home savings accounts, project and investment savings accounts, amount to which is added 100% of any increase of this basis compared to its level of December 1989, beyond the fixed limits. These limits were 1.5% at end March, 2% at end April, 2.5% at end May, 3% at end June, 4% at end July, 5% at end August, 6% at end September, 7% at end October, 8% at end November and 9.4% at end December 1990.

Failure to respect the regulation, fixed at a minimum of 10% of deposits in dinar, of mandatory lending requirements (RAP), removed on 29/11/96, subdued deposit banks to an obligatory constitution, in the form of non-paid deposits at the BCT, of a provisional deposit corresponding to the deduced insufficiency.

As of 16 May 2002, the basis of reserve requirement was modified (circular to banks N°2002-05 of 6 May 2002) to include deposits in dinar collected by banks other than amounts deposited in home savings accounts, project and investment savings accounts to which is added the deduced insufficiency in respecting the liquidity ratio, instituted by circular to banks N°2001-04 of 16 February 2001. The amount of reserve requirement is determined by applying the following rates on the above mentioned deposit basis :

• 2% of the outstanding balance of sight deposits, other amounts due to clients, less than 3 months certificates of deposits and deduced insufficiency in respecting the liquidity ratio over the considered month ;

• 1% of the outstanding balance of certificates of deposits, of forward accounts, cash voucher and other financial products with an initial duration of 3 months or more but less than 24 months ;

• 1% of the outstanding balance of other savings accounts with contractual savings duration which is more than or equal to 3 months but less than 24 months and of the outstanding balance of special savings accounts ;

• 0% of any other outstanding balance of deposit, regardless of the form, the initial or contractual duration of which is more than or equal to 24 months.

On the other hand, the period of constituting the reserve which was previously from the 16th day of a given month to the 15th day of the following one, was modified also to extend henceforth from the 26th day of a given month through the 25th day of the following month. As per provisions of circular to banks N°2003-08 of 11 July 2003, in case of insufficiency compared to the required amount, the Central Bank receives a discounted interest on the period of constituting the reserve requirement at the average market rate (TMM) of the same period increased by 2.5 percentage points increased by 2.5 percentage points compared to TMM+5% before.

Table X-1-B, page 45 : total outstanding balance by maturity all categories included. Table X-1-C, page 45 : average weighted rates of non-falling due outstanding balance of

Treasury bonds of all maturities. Tables X-2, pages 46 to 48 : Interest rate

- These rates are applied to loans financed by banks on budgetary resources, operations financed on ordinary resources of deposit banks subject of a particular regulation and loans granted by development banks and leasing companies. - Export transaction rates for loans given by FOPRODEX and premiums applied by the COTUNACE to cover risks on loans for exports.

A 14

Tables X-2 (continuing), pages 49 to 51 Other tables are presented for several bond issues, their maturities and relating rates. Table X-2-1, page 52 This concerns average effective rates corresponding to each category of loan and determined

every six months by the BCT according to a simple arithmetical average of global effective interest rates practiced by banks over the same six months. In implementing the law N°99-64 of 15 July 1999, the decree N°2000-462 of 21 February 2000 fixed modalities for calculating the global effective interest rate. It is defined as the interest rate applied by the borrower to his clients to which is added the fees, commissions or any other direct or indirect payment included in giving the loan. It is calculated in an actuary way and ensures, according to the composed interest method, the equality between the borrowed amounts and overall payments due to the borrower with respect to the considered loan.

Table X-2-2, page 52 These rates are determined for each category of loan starting from the average effective interest

rates. During the period of granting the loan, they must not go beyond one third of the average effective rate practiced over the previous half of the year, by banks and financial institutions for similar transactions.

Table X-3, page 52 : Regime of remuneration of the main forms of deposits As of 2 January 1987, the Central Bank unified the remuneration of savings deposits at banks and indexed it to the trend of money market rate. In the same way, the interest rates practiced on deposits in convertible dinars for Tunisian individuals living abroad were fixed at a minimum which is equal to money market average rate cut down by two percentage points. The other credit rates are freely set by banks.

- By decree of 28/8/1956, the Tunisian National Savings Fund (CENT) was set up to replace the branch N°93 of the French National Savings Fund (CNEF) established in Tunisia instead of the Tunisian Savings Fund (Frenco-Tunisian convention of 20/3/1888, article 2, last paragraph). The 2.75% rate practiced with the creation of the CENT was the same as the one practiced by the branch N°93 on deposits in dinar. Savings accounts in convertible dinar are set up as of 1st January 1967 (law N°66-78 of 29/12/1966). It should be mentioned that by decree N°99-2637 of 22 November 1999 (article 45), the CENT became the CEP.

- When banks’ conditions were reviewed in 1971 and 1981, the interest rates practiced on deposits at the CENT were aligned, with the same date into force, to those practiced in special savings accounts opened at deposit banks. However, when the interest rates were reviewed in 1973 and 1977 and though the CENT was aligned with the new rates, dates of entry into force were lagging 5 and 3 months behind respectively. As of 1st May 1985, the interest rate used by the CENT rose from 5.5% to 6.75% the year for savings in dinar and from 6.5% to 7.75% for savings in foreign currency. Faithfulness premium remained the same. From 2 January 1987, deposit remuneration at the CENT is aligned with that given by deposit banks for special savings accounts : money market average rate of the previous month minus two percentage points. For savings in convertible dinar, this last rate represents a minimum.

Tables XI-1, 2, 3, 4, pages 53 and 54 : Rates of listed currencies on the interbank market, exchange rate of the dinar in SDRs and the rate of currency conversion for the euro zone countries.

1) The interbank exchange market was created as of 1st March 1994. The average rates are calculated in line with quotations applied by each bank and weighted by amounts of transactions.

2) From first July 1974, the IMF started to assess the SDR according to the “basket” method. Previously, its rate was calculated on the basis of its parity in gold.

3) The currencies of the twelve countries of the euro zone are no longer listed on the inter-bank exchange market.

Tables XIII-4 and 5 page 59 : Savings at the CEP (ex. CENT) 1) It deals with savings in dinar and in currency. 2) Excluding acquired and non-distributed interests.

A15

Table XIII-6, page 60 : Total indebtedness (ET) 1) A financing indicator giving information about the type and range of indebtedness

contracted by non financial resident economic operators. A clear distinction is made between internal and external financing resources on the one hand and between bank loans and market instruments (money market and bond market) on the other hand.

Table XIV - page 62 : Industrial production index (1990 = 100) 1) This index is calculated for the main sectors of industrial activity. Table XV page 63 : Industrial sale price index (1990 = 100) 1) This index is calculated for the main sectors of industrial activity. Table XVII-2, page 67 : Main agricultural production other than cereals (continuing) 1) Esparto season starts usually in September of the previous year. Table XVII-3, page 67 : Production price of some agricultural products. 1) Production price of barley and triticale were no more under control as of 1992 crop but with

a bottom price of 15 and 17 dinars the quintal respectively. 2) Olive growing season starts in November of the previous year. Tables XX-3-X and 3-M, pages 76 to 79 1) The share of all the main products in the total value of exports or imports.

Tables XXI-1, 2 and 3, pages 82 and 83 Data on GDP by branch of economic activity in current and constant prices of 1990, on use of GDP

and on the breakdown of gross fixed capital formation by branch of activity are established according to the new system of National Accounts which was harmonised with that of the United Nations and this starting from 1983. It is then essential to take the precautions for comparison in time since statistic data are, up to 1982, presented according to the old system of National Accounts.

Modifications in the terms used for economic variables were introduced. For example : - “Construction and civil engineering” instead of “construction and public works”. - “Hotels, cafés and restaurants” instead of “Tourism”. - “Total market activities” instead of “Gross domestic production in factor costs”. - “Public Administration” replacing “Administrative services”. - “Indirect taxes net of subsidies” instead of “Indirect duties and taxes net of subsidies”. New concepts were introduced : - Imputed financial services (in-) corresponds to intermediary consumption non-broken down

in banking services. It conventionally concerns production pertaining to financial intermediation role of banks defined as the difference between the received interest and the paid interest. This production which is difficult to ensure its breakdown between the different operators (here sectors of activity) is globally deducted from the added values of different sectors in intermediary consumption.

- Non-market service activities : include, in addition to public administration, domestic service production by households considered as domestic personnel employers (maid, cleaning woman, keeper) and therefore service producers. In this case, non-market production is assessed by its costs in salaries and advantages in kind.

Tables XXII - 1,2,3,4, pages 84 to 87 : External payments 1) External payments’ data are presented in compliance with provisions of the 5th edition of a

manual worked out by the IMF for the balance of payments compilation. It accounts for accumulated monthly data.

A 16

Set up on the basis of effective settlements counted over the considered period, data presented in table XXII-4 relating to the main operations of settlements differ for some items, from those included in the tables of the three previous pages where the values of transactions effected without payment are also taken into account.

Table XXIII, page 88 : Overall external position

1) Overall external position is a statistic statement on the global assets and liabilities of the country on abroad : direct investment, portfolio investment, loan-borrowings transactions and reserve assets.

Established in terms of stocks starting from financial operations in terms of flux at the balance of payment level as defined in the framework of the fifth edition of the IMF manual worked out in this respect, the overall external position reflects then the rights and claims of residents on non residents, their commitments with respect to each other, the monetary gold and the SDR.

A 17

NOTE WITH RESPECT TO SPECIAL DATA

DISSEMINATION STANDARDS (SDDS)

Data of the following themes held in the national page of the SDDS and the relating dissemination calendar are published on the Internet site of the Central Bank of Tunisia (BCT) at (www.bct.gov.tn) :

- Main components of analytical accounts of the banking sector. - Main components of analytical accounts of the BCT. - Interest rate with respect to short term Treasury bonds (BTCT) on 52

weeks and bonds equivalent to Treasury bonds (BTA) on 5 years. - Interest rate of the BCT. - Stock exchange indexes. - International reserves : includes end of month situation for gross assets in

foreign currency, in gold, in SDR and reserve position at the IMF. International reserves’ table which represents the relating detailed end of month statement excluding short term commitments, is also published on the Internet site of the BCT.

- Main balances of the general balance of external payments : a publication which represents accumulated monthly data and quarterly data of the general balance of payments is simultaneously disseminated to all interested parties on the BCT Internet site. This publication represents the main flux and the balance of external payments expressed in MTD.

For accumulated monthly data, publication on the Internet site covers a three-year period as well as the first months of the current year and the year before. As for quarterly data, the publication covers a two-year period and the last two quarters as well as the same periods of the previous year.

A calendar announcing the dissemination of quarterly balances is published on the Internet site of the Central Bank of Tunisia. This calendar gives the accurate dissemination date and is announced a year earlier and this, during the last week of November.

Global external position : global external position statement and the calendar announcing the relating dissemination are published on the Internet site of the BCT.

A 18

CENTRAL BANK OF TUNISIA

Lending institutions Specialised banks or banks with a particular status

Deposit banks Financial institutions

- ATB 34 - BFT 7 - BNA 145 - BS 91 - BT 79 - AB 79 - BIAT 93 - STB 116 - UBCI 47 - UIB 84 - BH 72 - CITIBANK 2 - BTS 1 - ABC 4

Leasing companies

Factoring companies

Merchant banks

Tunisie Leasing 3 Union Tunisienne de Leasing 3 Compagnie internationale de Leasing 2 Arab Tunisian Lease 3 Amen Lease 3 General Leasing 3 Arab International Lease 1 Modern Leasing 1 Best Lease 1 Hannibal Lease 1Elwifack leasing 1

TF Uni Factor

IMMB BAT

Development banks

Offshore banks

BTKD 1 STUSID 1 TQB 1 BTEI 1 BTLD 2

BEST 4 NAIB 1ALUBAF 1UTB 1TIB 3CITIBANK 2 ABC 1LINC 1

Financial market council

SICAR 36

SICAV 35

SICAF 92

Investment companies

STICODEVAM

Stock Exchange Intermediaries

BVMT

Financial services

Debt collection companies

CEP CCP

SOFINREC Sud Recvrt STE le RecvrtSIAR STRC IRC SGRC El Istifaa TSR TQR Rapid Recvrt CAR

Services interbancaires

SMT SIBTEL IBS

STRUCTURE OF THE BANKING AND FINANCIAL SYSTEM

ONP

MONEY, LOAN, EXCHANGE AND STOCK MARKET

(End of period figures : in thousand dinars)

I.1.A CENTRAL BANK OF TUNISIA'S MONTHLY STATEMENT BY SECTOR

FOREIGN ASSETS

International reserves

Gold holdings Assets in SDRs IMF reserve position Foreign currency assets

Invest.deeds in currency Discount.bills on abroad(TND)(1) Refin.bills in currency (1)

CLAIMS ON THE STATE

Postal current account Standing advance to the State Reimbursable advance to State Collection of Treasury's cheques Advance/subscriptions to IMF&AMF Securities purchased in the formework of the open market (2)

CLAIMS PURCHASED FIRM (3)

CLAIMS ON DEPOSIT BANKS& DEVELOPMENT BANKS

Claims on deposit banks Discounted bills on Tunisia (4) Disc.bil/abroad&ref.bil/cur.(4) Intervention/money market Special pawn Bank current collec.of bil&cheq

Claims on investment banks

SECURITIES PORTFOLIO (5)

OTHER ITEMS OF ASSETS

Subscriptions in gold & foreign currency at international instit Real estates Miscellaneous(accounts receiv.) Non reserved items and adjust.

TOTAL ASSETS

Dec. Dec. June July Aug. Sep. Oct. Nov. Dec.

2935027 3133939 3257225 3417558 3572417 3438967 3430724 3557280 3629170

2909371 3108863 3232477 3392717 3547378 3414255 3405921 3532558 3604615

4411 4402 4402 4403 4403 4402 4402 4403 440313303 14295 20533 14604 14789 14598 27194 26911 1363436543 37538 36382 36383 36383 36382 36383 36383 36433

2855114 3052628 3171160 3337327 3491803 3358873 3337942 3464861 3550145

25656 25076 24748 24841 25039 24712 24803 24722 245550 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

679692 676133 674158 642471 612408 688845 630088 593263 582375

4996 4999 4746 4746 4763 4763 4763 5000 500025000 25000 25000 25000 25000 25000 25000 25000 25000

4053 3553 3553 3053 3053 3053 3053 3053 3053112488 95263 91295 60108 29500 100959 43100 10037 13219533155 547318 530920 530920 530920 530920 530920 530920 530920

0 0 18644 18644 19172 24150 23252 19253 5183

565066 484342 484342 484342 484342 484342 484342 484342 403618

854348 503029 379028 468059 402633 243157 268094 288030 435164

854348 503029 379028 468059 402633 243157 268094 288030 4351640 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

854200 502000 379000 468000 402100 243000 268000 288000 4350000 0 0 0 0 0 0 0 0

148 1029 28 59 533 157 94 30 164

0 0 0 0 0 0 0 0 0

105 105 105 105 105 105 105 105 105

455729 495279 428353 433199 430308 469122 478321 475732 538342

2372 2372 2372 2372 2372 2372 2372 2372 237210595 11705 14106 14934 15128 15427 15731 16152 15275

105927 158684 84878 91251 93874 119116 124571 118061 177615336835 322518 326997 324642 318934 332207 335647 339147 343080

5489967 5292827 5223211 5445734 5502213 5324538 5291674 5398752 5588774

2001 2002 2003 2003 2003 2003 2003 2003 2003A S S E T S

The footnotes of this page are explained in the methodological pages

2


I.1.B CENTRAL BANK OF TUNISIA'S MONTHLY STATEMENT BY SECTOR

CENTRAL BANK MONEY Fiduciary money Bills & coins in circulation Minus:cash bal.of deposit bks :cash bal.of Treasury Claims of deposit banks Interv/money market(in TND) Interv/money market(currency) Ordinary current accounts Currency of author.intermed. Cash balance of banks Invest.of non transf.currency Claims of investment banks Claims of other fin.institut. Deposits of compan.&individ.

CLAIMS OF THE STATE Cash balance of the Treasury Treasury current account

COUNTERPART'S FUNDS FOPRODI FONAPRA National Fund of guarantee Fund for exchange equalisation Tun.Govt:miscellan. accounts Other counterpart's funds

COMMITMENTS ON ABROAD Economic cooperati.accounts(B) Forward deposits in currency Foreigners'accounts in curren. French treasurer and paymaster Interv./MM in curr.(NR banks) Currency of auth.inter(NR bks) Borrowings in foreign currency Deposits in foreign currency Recourse to IMF loans Recourse to AMF loans

CAPITAL STOCK EQUITY Capital Reserves Provisions Balance carried forwardALLOCATION TO SDRsOTHER ITEMS OF LIABILITIES Miscellan. (accounts payable) Non used econ.cooper.accounts Other intern. instits'accounts Non reserved items & adjust.

TOTAL LIABILITIES

Dec. Dec. June July Aug. Sep. Oct. Nov. Dec.

3160012 3222618 3264112 3435629 3677781 3457360 3339626 3576992 33961792377824 2518586 2606999 2729353 2788924 2664300 2637096 2741329 26629282526742 2663115 2771114 2899230 2962483 2820225 2776503 2899211 2809048-144446 -138727 -156440 -161642 -166535 -147426 -133487 -151228 -139466

-4472 -5802 -7675 -8235 -7024 -8499 -5920 -6654 -6654745109 663750 620703 669403 843749 749808 662012 798822 711794

0 0 0 0 0 0 0 0 0216878 372070 24502 17433 14167 20326 30118 35195 332287320015 111036 103538 154826 285179 247233 162820 196333 180451

63770 41917 336223 335502 377868 334823 335587 416066 59590144446 138727 156440 161642 166535 147426 133487 151228 139466

0 0 0 0 0 0 0 0 029832 29672 27621 30015 31564 27140 31817 29574 15139

4065 2883 5205 2857 3471 7110 5654 3581 23633182 7727 3584 4001 10073 9002 3047 3686 3955

390251 418486 486579 458845 303997 322585 408602 269219 5562794472 5802 7675 8235 7024 8499 5920 6654 6654

385779 412684 478904 450610 296973 314086 402682 262565 549625

201282 176046 197175 228606 213017 194577 224197 219312 225752277 156 1070 6334 1736 4 1283 21 1

1052 3242 1356 1484 4 4 10 4557 110 0 0 0 0 0 0 0 00 0 0 0 0 0 0 4190 0

177796 149089 167437 193956 183799 166710 197793 185204 20073322157 23559 27312 26832 27478 27859 25111 25340 25007

271957 138754 102317 139258 114857 130678 89477 101731 1132648 8 7 7 8 7 7 7 70 0 0 0 0 0 0 0 0

45447 41515 17570 55183 30242 48241 12135 23649 4679623 4 4 3 3 4 4 3 3

1714 3067 0 0 0 0 0 0 21792091 3432 1631 5270 4521 3420 3362 4680 3518

111092 0 0 0 0 0 0 0 025919 24175 23017 23324 23907 22948 23041 22710 22179

0 0 0 0 0 0 0 0 085663 66553 60088 55471 56176 56058 50928 50682 38582

61768 88278 88604 88623 88642 88663 88683 88703 847256000 6000 6000 6000 6000 6000 6000 6000 6000

31817 75930 76037 76056 76075 76096 76116 76136 7615822978 4000 4000 4000 4000 4000 4000 4000 0

973 2348 2567 2567 2567 2567 2567 2567 256762828 62061 61095 61094 61871 61741 62176 61875 61726

1341869 1186584 1023329 1033679 1042048 1068934 1078913 1080920 1150849504613 336119 188021 200103 214102 228114 234712 233769 300289

13166 30969 25857 25839 23997 23562 23588 23428 234644654 228 1979 2609 1979 1978 1978 1906 2018

819436 819268 807472 805128 801970 815280 818635 821817 825078

5489967 5292827 5223211 5445734 5502213 5324538 5291674 5398752 5588774

2001 2002 2003 2003 2003 2003 2003 2003 2003L I A B I L I T I E S

3

4

I-2-A. CENTRAL BANK'S RETROSPECTIVE STATEMENTS BY SECTOR

A S S E T S(figures of end of period : in thousand dinars)

F o r e i g n a s s e t s Claims Claims Securit. OtherClaims Totalon the purchas- porft. of itemson dep.

PERIODS International reseves State ed firm &develop- ASSETS

Gold &Assets

in SDRs

IMFreserveposition

TotalOther

foreignassets

Total

foreigncurrency

assets

banksment

1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 Jan.2002Feb. March April May June July Aug. Sep. Oct. Nov. Dec. Jan.2003Feb. March April May June July Aug. Sep. Oct. Nov. Dec.

148064 5232 7483 160779 2749 163528 47683 - 110881 6054 82501 410647132930 5015 7133 145078 4337 149415 46337 - 150638 16253 83841 446484155309 4476 6059 165844 11633 177477 52184 - 166706 18427 103235 518029186290 7685 5937 199912 15684 215596 45675 - 158687 18925 119771 558654203560 6198 10046 219804 24100 243904 47404 - 200075 19201 138910 649494238376 9146 11298 258820 44079 302899 47923 - 329974 28123 133893 842812240890 8411 12091 261392 63944 325336 72950 - 493375 47978 131923 1071562354946 1878 21594 378418 84772 463190 59301 - 588689 72276 204804 1388260304079 997 24279 329355 93591 422946 55591 - 696921 117652 253249 1546359187559 245 22198 210002 83027 293029 49940 - 819455 139826 328207 1630457164148 13020 - 177168 119218 296386 61963 - 979725 157321 318033 1813428343957 22023 - 365980 169717 535697 71176 - 840300 179327 451155 2077655736631 12143 - 748774 213010 961784 48994 - 817193 - 487680 2315651834833 3717 20 838570 216555 1055125 54078 - 972660 - 538061 2619924626675 956 19 627650 289120 916770 64225 - 905709 - 390911 2277615642316 29035 32 671383 332033 1003416 95332 - 1125959 - 672508 2897215856143 11442 31 867616 302128 1169744 369282 - 1069530 - 177068 2785624927646 1853 33 929532 292940 1222472 419099 - 1162623 - 260114 3064308

1458978 7755 36 1466769 205355 1672124 409640 - 819872 - 268933 31705691529592 11547 51 1541190 122869 1664059 397939 - 813597 - 331560 32071551896854 20888 50 1917792 35416 1953208 411087 968684 157997 - 450373 39413492257792 24007 52 2281851 22153 2304004 379736 887960 92900 - 439626 41042262049844 8646 55 2058545 21494 2080039 414161 807237 92608 - 443468 38375132799707 39459 32272 2871438 23217 2894655 551829 726513 92513 - 463894 47294042485641 11925 34440 2532006 24780 2556786 635471 645789 449413 105 496151 47837152859525 13303 36543 2909371 25656 2935027 679692 565066 854348 105 455729 54899673057030 14295 37538 3108863 25076 3133939 676133 484342 503029 105 495279 52928273554548 13634 36433 3604615 24555 3629170 582375 403618 435164 105 538342 5588774

2601920 13380 36543 2651843 25879 2677722 613971 565066 702612 105 374928 49344042421931 13345 36543 2471819 25910 2497729 580653 565066 1000020 105 384300 50278732109120 13211 36543 2158874 26069 2184943 593263 565066 1189216 105 380838 49134312854010 21803 36543 2912356 25825 2938181 625427 565066 1292329 105 375866 57969743085336 14178 36543 3136057 25627 3161684 619440 565066 1089621 105 395853 58317693019141 13974 37538 3070653 25130 3095783 605455 565066 506637 105 411209 51842552975036 12645 37538 3025219 25024 3050243 617516 565066 771126 105 408693 54127493097025 12857 37538 3147420 25146 3172566 639813 565066 571514 105 412708 53617723007136 12878 37538 3057552 25269 3082821 679923 565066 379619 105 411558 51190923059045 16049 37538 3112632 25335 3137967 599016 565066 291649 105 410883 50046863109462 15757 37538 3162757 25320 3188077 626605 565065 411530 105 412508 52038903057030 14295 37538 3108863 25076 3133939 676133 484342 503029 105 495279 5292827

2930050 14062 37538 2981650 24722 3006372 616643 484342 474026 105 412348 49938363565352 13971 37538 3616861 24899 3641760 598726 484342 447563 105 395907 55684033415197 26674 37538 3479409 24975 3504384 617821 484342 317423 105 402843 53269183292138 20811 37538 3350487 24924 3375411 634759 484342 263714 105 414671 51730023186591 20411 37538 3244540 24589 3269129 610505 484342 278021 105 425130 50672323175562 20533 36382 3232477 24748 3257225 674158 484342 379028 105 428353 52232113341730 14604 36383 3392717 24841 3417558 642471 484342 468059 105 433199 54457343496206 14789 36383 3547378 25039 3572417 612408 484342 402633 105 430308 55022133363275 14598 36382 3414255 24712 3438967 688845 484342 243157 105 469122 53245383342344 27194 36383 3405921 24803 3430724 630088 484342 268094 105 478321 52916743469264 26911 36383 3532558 24722 3557280 593263 484342 288030 105 475732 53987523554548 13634 36433 3604615 24555 3629170 582375 403618 435164 105 538342 5588774

5

I-2-B. CENTRAL BANK'S RETROSPECTIVE STATEMENTS BY SECTOR L I A B I L I T I E S

(figures of end of period : in thousand dinars)

C e n t r a l b a n k m o n e y Claims Count- Capital Alloca- Other TOTAL

tions itemsPERIODS

of the State

erpartsfunds

stock LIABILI-

ry money of

banks

Claimes

of DEVbanks& AIS

Deposits

of comp.& indi-viduals

Fiducia- Claims

depositBTotal

Commit-ments onabroad in SDRsequity TIES

1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 Jan.2002Feb. March April May June July Aug. Sep. Oct. Nov. Dec. Jan.2003Feb. March April May June July Aug. Sep. Oct. Nov. Dec.

185032 37615 103 353 223103 17262 3964 1943 40750 7724 115901 410647213592 19486 333 271 233682 28324 3828 14960 45250 7724 112716 446484249748 24168 31 362 274309 35387 2906 21956 51350 7724 124397 518029265120 39326 1768 336 306550 29450 2055 18499 52000 11164 138936 558654299579 38390 877 363 339209 63002 1900 4578 62835 14604 163366 649494342820 59484 49915 507 452726 79879 4438 8475 72093 17977 207224 842812440017 54836 76584 673 572110 102628 19571 9546 110368 17978 239361 1071562533255 74611 46595 2353 656814 107749 16931 300 132332 17978 456156 1388260573433 54850 51147 843 680273 91635 18478 44401 186240 17978 507354 1546359632587 26666 74162 6706 740121 81106 21880 619 217490 17978 551263 1630457651018 35182 57637 3657 747494 86510 46245 139935 250116 19775 523353 1813428704790 24544 75238 1751 806323 71843 72325 221428 244616 19775 641345 2077655800314 313299 2532 1480 1117625 119352 78793 250317 37819 19775 691970 2315651874590 482922 2411 803 1360726 138901 93521 258502 44419 19775 704080 2619924

1004995 132576 6039 1514 1145124 119088 65464 147939 48625 19775 731600 22776151103922 132076 26779 1539 1264316 163559 69697 242510 48625 43270 1065238 28972151156036 173583 23995 1533 1355147 70538 63850 301045 54295 44819 895930 27856241179337 207788 32381 1662 1421168 127730 78476 323042 59295 48883 1005714 30643081196150 283623 41897 1748 1523418 197696 48898 334066 69353 49781 947357 31705691314525 305543 45756 1195 1667019 137352 38566 311374 79393 48150 925301 32071551472731 756283 33951 1391 2264356 253699 46960 272059 84581 48986 970708 39413491593863 812254 40196 1713 2448026 230650 66873 254749 89632 52560 961736 41042261695209 448919 42316 1861 2188305 240590 80495 174252 98137 52659 1003075 38375131994173 801907 41132 2451 2839663 243501 81277 180184 44197 59050 1281532 47294042228600 435586 30494 3169 2697849 205600 174012 261295 54368 62603 1327988 47837152377824 745109 33897 3182 3160012 390251 201282 271957 61768 62828 1341869 54899672518586 663750 32555 7727 3222618 418486 176046 138754 88278 62061 1186584 52928272651166 723556 17502 3955 3396179 556279 225752 113264 84725 61726 1150849 5588774

2358024 585112 34505 3829 2981470 134122 168494 259061 67143 63192 1260922 49344042458251 661791 37407 3100 3160549 247908 195298 260155 67143 63026 1033794 50278732416434 580392 35034 3185 3035045 217819 203767 275414 67143 63547 1050696 49134312412057 606535 31223 2935 3052750 534701 794763 244144 67143 63442 1040031 57969742425094 543693 38280 2973 3010040 284455 1113749 253417 67143 63095 1039870 58317692465899 597659 36093 3272 3102923 110525 656073 153195 67143 62184 1032212 51842552537596 741270 31807 3467 3314140 310020 490191 140905 67143 62220 1028130 54127492581885 701496 33909 9567 3326857 250588 476899 129251 67143 62545 1048489 53617722476424 681564 34550 4793 3197331 306192 270158 142334 67143 62647 1073287 51190922451574 619315 33120 3313 3107322 259804 264554 133054 67143 62725 1110084 50046862577868 616375 36584 8633 3239460 340650 250384 126103 67143 62570 1117580 52038902518586 663750 32555 7727 3222618 418486 176046 138754 88278 62061 1186584 5292827

2578912 646517 31134 3024 3259587 209257 174635 122871 88514 61047 1077925 49938362612935 604604 32789 5120 3255448 364845 602586 117870 88531 61579 1077544 55684032596287 664226 35613 3755 3299881 133890 664812 98548 88547 61844 979396 53269182586330 698726 28131 3215 3316402 324742 210939 168384 88565 61578 1002392 51730022587189 526104 30955 4261 3148509 424868 216961 104382 88583 60732 1023197 50672322606999 620703 32826 3584 3264112 486579 197175 102317 88604 61095 1023329 52232112729353 669403 32872 4001 3435629 458845 228606 139258 88623 61094 1033679 54457342788924 843749 35035 10073 3677781 303997 213017 114857 88642 61871 1042048 55022132664300 749808 34250 9002 3457360 322585 194577 130678 88663 61741 1068934 53245382637096 662012 37471 3047 3339626 408602 224197 89477 88683 62176 1078913 52916742741329 798822 33155 3686 3576992 269219 219312 101731 88703 61875 1080920 53987522651166 723556 17502 3955 3396179 556279 225752 113264 84725 61726 1150849 5588774


II-1-A DEPOSIT BANKS MONTHLY STATEMENT BY SECTOR

CASH BALANCE

DEPOSITS AT THE CENTRAL BANK

Ordinary current accounts Interv.of BCT/money market Accounts in foreign currency

FOREIGN ASSETS

Cash balance in currency Bank correspondents abroad Current accounts receivable Discount portfolio on abroad Head offices,branches&agencies Miscellaneous (NR)

CLAIMS ON THE STATE

Investment bonds Treasury bonds (1) National borrowings (2) Deposits in CCP Claims taken over by the State

LOANS TO THE ECONOMY

Loans /ordinary resources Current accounts receivable(R) Discount portfolio on Tunisia Leasing transactions Frozen claims and others(3) Adv/forwd.accnts.&cash voucher Loans to personnel Loans /special resources

SECURITIES PORTFOLIO


Fixed assets Worthless securities Miscellaneous debtors Bank correspondents in Tunisia Securities to be encashed Non reserved items and adjustments

TOTAL ASSETS

Dec. Dec. May June July Aug. Sep. Oct. Nov.

144446 138727 114506 156440 161642 166535 147426 133487 151228

604934 530070 439409 459132 531145 715825 623518 523802 599750

326480 159454 89410 100700 174840 317715 267825 144542 1493410 0 0 0 0 0 0 0 0

278454 370616 349999 358432 356305 398110 355693 379260 450409

807507 957253 912076 888553 939646 940288 864209 831469 864069

22862 22901 17089 20815 32473 33902 22749 23303 23595521952 684506 641766 598749 636614 648394 593204 546736 587578

7246 1130 1988 893 2250 796 823 787 869221718 209316 203159 219452 224774 218316 210016 224277 213065

0 15 1343 0 2671 0 637 1328 234133729 39385 46731 48644 40864 38880 36780 35038 36621

1486887 1558762 1463522 1491503 1484504 1504699 1554759 1499914 1533686

0 0 0 0 0 0 0 0 01122608 1103198 1007503 1037003 1029863 1065389 1098763 1042576 1075311

0 0 0 0 0 0 0 0 021194 9846 6034 6264 8592 8019 9787 11580 10610

343085 445718 449985 448236 446049 431291 446209 445758 447765

16241305 17122207 17509001 17652305 17827400 17779456 17919753 17988215 17963789

14313927 14990994 15388200 15550621 15758829 15705708 15858617 15924370 159141491914588 2107927 2438158 2413256 2519696 2432213 2344177 2387018 23373848955547 9104379 8819548 8969730 8956754 8946194 9183321 9085193 9079349

8105 8552 8167 8129 7862 8198 8654 8405 84563233863 3516346 3855961 3884632 3993727 4036478 4036605 4154569 4199251

47879 54934 68811 68320 74236 76071 75670 78995 79519153945 198856 197555 206554 206554 206554 210190 210190 210190

1927378 2131213 2120801 2101684 2068571 2073748 2061136 2063845 2049640

797120 1019805 1078558 1086895 1087841 1090943 1109593 1127272 1146729

6195307 5688381 5338178 5426226 5426110 5660913 5797278 5769147 5662315

722514 796596 823632 834328 834359 836884 841428 852156 85571521739 14217 16659 16139 17923 18376 17628 17959 17912

292704 252045 225225 223981 231887 240165 228080 248226 2901481038424 912209 809009 745711 823127 921581 967514 975837 8438342015992 1725201 1712486 1784198 1659732 1726818 1816170 1807775 1708260

2103934 1988113 1751167 1821869 1859082 1917089 1926458 1867194 1946446

26277506 27015205 26855250 27161054 27458288 27858659 28016536 27873306 27921566

2001 2002 2003 2003 2003 2003 2003 2003 2003A S S E T S


6


II-1-B DEPOSIT BANKS MONTHLY STATEMENT BY SECTOR

MONETARY DEPOSITS Companies & individuals Sight deposits Develop.banks & AEC

QUASI-MONEY DEPOSITS Companies & individuals Forwd.deposits&other.fin.prdcts Certificates of deposits Special savings accounts Home savings Savings for projects & invest. Other savings accounts Debenture loans Dep.in currency or in conv.TND Other sums due to customers Develop.banks & AEC

EXTERNAL LIABILITIES Deposits of non residents Bk.corrpdents abroad Miscellaneous (NR)

ADVANCES FROM THE CENTRAL BANK Short,medium & LT Refinancing(1) Interv. on the money market Special advance Other advances

SPECIAL RESOURCES

CAPITAL STOCK EQUITY Capital Balance carried forward Reserves Provisions

OTHER ITEMS OF LIABILITIES

Bank correspondents in Tunisia Head off,brches.&agcies.Tun(net) Results (net) Miscellaneous creditors Acnts falling due after encashm. Amortisation Non reserved items and adjust.

TOTAL LIABILITIES


3959325 3696699 3578011 3721819 3719927 3962578 4052160 3808933 38062833920864 3668012 3551715 3690365 3690239 3936796 4035299 3790816 37761013920864 3668012 3551715 3690365 3690239 3936796 4035299 3790816 3776101

38461 28687 26296 31454 29688 25782 16861 18117 30182

9292966 10118780 10517855 10419617 10680434 10700083 10612112 10854488 109000969253006 10091522 10471155 10375617 10637364 10659983 10574612 10803858 108656962939347 3645807 3970017 3863741 3971437 4034261 3967833 4077759 4091011

837500 663500 626500 641000 752000 694000 664000 743000 7355003906954 4063630 4089565 4081257 4088235 4099618 4126240 4146294 4178839

647443 794045 825427 828447 831753 838511 845845 853597 8593857243 6650 6585 6641 6687 6705 6170 6256 6189

167231 141119 144113 144271 143346 143627 146791 147159 149584289119 376941 361178 356671 356976 353976 353476 348476 348476

33451 29061 36017 32881 41468 35356 34607 29125 38874424718 370769 411753 420708 445462 453929 429650 452192 457838

39960 27258 46700 44000 43070 40100 37500 50630 34400

1826848 2006096 1863647 1913451 1847947 1852570 1839786 1813286 19626311295049 1326743 1323574 1368842 1320970 1314813 1330487 1312311 1332803

457817 496618 344774 357626 341845 343090 312701 294721 30362573982 182735 195299 186983 185132 194667 196598 206254 326203

869957 504091 299590 403927 491624 426931 254732 277546 3054650 0 0 0 0 0 0 0 0

854200 502000 278000 379000 468000 402100 243000 268000 2880000 0 0 0 0 0 0 0 0

15757 2091 21590 24927 23624 24831 11732 9546 17465

2003697 2353680 2398872 2389081 2393143 2409892 2400119 2392556 2422167

2880967 3075831 3152220 3214569 3225102 3228517 3236199 3245524 3262756944087 955493 955559 955559 955560 955561 955561 955506 955507

3086 3968 4101 4073 2868 2868 2868 2868 2884848404 981772 1022083 1032054 1032054 1032054 1032054 1032054 1032238

1085390 1134598 1170477 1222883 1234620 1238034 1245716 1255096 1272127

5443746 5260028 5045055 5098590 5100111 5278088 5621428 5480973 5262168

659669 444536 439908 358704 457025 533612 561217 547010 424519-56803 -31454 -37077 -89117 -107788 -135332 -85689 -67982 -135913

3737 19723 52437 -1430 1374 1374 1374 1374 1374209707 219807 175053 177043 170841 171941 195398 197381 206701

1934762 1782478 1744684 1838546 1731080 1767791 1858522 1806541 1728637322291 370448 381508 388655 389444 391341 397219 397621 399002

2370383 2454490 2288542 2426189 2458135 2547361 2693387 2599028 2637848

26277506 27015205 26855250 27161054 27458288 27858659 28016536 27873306 27921566

2001 2002 2003 2003 2003 2003 2003 2003 2003L I A B I L I T I E S

The footnote of this page is explained in the methodological pages

7

1

8

II-2-A. DEPOSIT BANKS' RETROSPECTIVE STATEMENT BY SECTOR

A S S E T S(figures of end of period : in thousand dinars)

Claims Loans to Securi- TOTAL

the eco-Dépôts à la Banque Centrale

tiesPERIODS

on the ASSETS

require-current

account(1)

Provis-

ional

deposit (1)

Account

in for.

Foreign

Ordinary Reserve

ments

Totalassets

nomy

Cash-balance

StateInterv/

money

market

Oth.it-ems of

assets

currenc

portfol.

1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 Nov.2001Dec. Jan.2002Feb. March April May June July Aug. Sep. Oct. Nov. Dec. Jan.2003Feb. March April May June July Aug. Sep. Oct. Nov.

4515 2946 25838 635 1846 - 31265 13070 71235 629180 33511 39103 8218794444 4667 12529 180 3645 - 21021 14144 101860 732210 34173 53921 9617735272 6207 10822 4401 5238 - 26668 13271 135828 840197 36152 92106 11494948104 2556 15948 17110 4625 - 40239 25751 172579 950438 40230 122760 13601017496 2862 17566 7002 4855 - 32285 28421 204013 1156279 39211 147955 16156609264 5401 33060 215 3885 - 42561 39458 244931 1454568 45016 200589 2036387

10127 9314 11289 1093 4576 - 26272 56541 284332 1764754 50376 245494 243789611635 9123 11554 10086 8693 - 39456 85092 335407 2148351 60734 290660 297133518506 5978 10497 19219 14085 - 49779 101836 404637 2396359 63815 331168 336610019159 6646 10546 16644 14106 - 47942 86286 500997 2752664 70795 351356 382919918434 9777 10945 - 7587 - 28309 64238 574667 2953156 97831 407394 414402923889 21384 9995 - - - 31379 114556 631039 3217719 133038 855574 500719430716 5433 10059 3546 36645 259981 315664 144453 652435 3527316 142510 890814 570390827606 32228 - - 29586 369462 431276 199085 714598 4668304 141349 1182111 736432944029 36609 - - 37014 - 73623 221329 762406 5160879 140269 1379086 778162142714 35232 - - 52327 - 87559 189844 792825 5648587 198665 1503929 846412339797 43167 - - 53609 - 96776 211521 536613 6494843 256438 2018211 965419950738 22806 - - 107562 - 130368 275757 535911 7054548 274756 2399801 1072187956620 62702 - - 174402 - 237104 326869 544023 7681393 304816 2559038 1170986355724 96612 - - 122666 - 219278 306534 341103 8463401 334933 2838667 1255964083722 563369 - - 112480 - 675849 533206 291269 8776006 344661 3527645 1423235878000 116906 - - 173512 448000 738418 675310 682224 9760767 420186 3622774 1597767983913 90659 - - 169038 12000 271697 708000 556073 10649735 487034 4614855 1737130795688 124696 - - 164520 468500 757716 777891 941805 11732749 568862 4706335 19581046

146181 46395 - - 255392 - 301787 927965 1619533 14537982 746079 5465469 23744996144446 326480 - - 278454 - 604934 807507 1486887 16241305 797120 6195307 26277506138727 159454 - - 370616 - 530070 957253 1558762 17122207 1019805 5688381 27015205

121157 197255 - - 218839 - 416094 881403 1266254 16385471 798175 5618498 25487052144446 326480 - - 278454 - 604934 807507 1486887 16241305 797120 6195307 26277506

115198 215532 - - 272871 - 488403 662918 1399474 16386264 801987 5590880 25445124117143 264145 - - 271481 - 535626 621467 1425029 16404526 810698 5563786 25478275110313 225068 - - 270672 - 495740 660254 1418265 16539544 848098 5750090 25822304109680 236502 - - 281490 - 517992 730008 1399158 16873505 869609 5584484 26084436101627 196451 - - 295545 - 491996 726005 1368094 16877150 880603 5472016 25917491106595 173323 - - 317385 - 490708 757658 1326334 16870444 893324 5509415 25954478143770 317999 - - 312864 - 630863 823404 1254914 17045414 892499 5431378 26222242136849 222832 - - 354618 - 577450 823086 1241231 17102656 905829 5300662 26087763141320 257956 - - 300128 - 558084 816872 1297741 17085922 911777 5393724 26205440122165 153519 - - 353812 - 507331 862086 1375668 17179618 917333 5407878 26372079109567 143457 - - 401504 - 544961 835348 1537128 17149637 925311 5346598 26448550138727 159454 - - 370616 - 530070 957253 1558762 17122207 1019805 5688381 27015205

110233 169655 - - 364551 - 534206 837047 1463809 17202403 1022793 5349767 26520258110670 181667 - - 335489 - 517156 808528 1421145 17229454 1021476 5450356 26558785134671 161952 - - 375567 - 537519 823543 1327446 17226292 1058589 5499481 26607541120157 188023 - - 350230 - 538253 839138 1424404 17440613 1071041 5504178 26937784114506 89410 - - 349999 - 439409 912076 1463522 17509001 1078558 5338178 26855250156440 100700 - - 358432 - 459132 888553 1491503 17652305 1086895 5426226 27161054161642 174840 - - 356305 - 531145 939646 1484504 17827400 1087841 5426110 27458288166535 317715 - - 398110 - 715825 940288 1504699 17779456 1090943 5660913 27858659147426 267825 - - 355693 - 623518 864209 1554759 17919753 1109593 5797278 28016536133487 144542 - - 379260 - 523802 831469 1499914 17988215 1127272 5769147 27873306151228 149341 - - 450409 - 599750 864069 1533686 17963789 1146729 5662315 27921566


9

II-2-B. DEPOSIT BANKS' RETROSPECTIVE STATEMENT BY SECTOR

L I A B I L I T I E S(figures of end of period : in thousand dinars)

Monetary deposits Special Capital Other TOTAL

stock itemsPERIODS

resour- LIABIL-

nies& indiv-

banksCompa- Develop.

& AECTotal

External

liabi-

Total

Quasi-money deposits

nies& indivi.

Compa-banks

Develop.

& AEC

Advances

from

central of liabi-litiesbank

ITIESlities

equityces

iduals


303712 1429 305141 249600 8886 258486 43423 16130 108973 59772 29954 821879335628 1012 336640 292612 7714 300326 46497 59294 116884 69413 32719 961773409706 2450 412156 357159 4400 361559 54696 30277 141462 77094 72250 1149494492153 715 492868 429886 3717 433603 58331 12382 162799 85682 114436 1360101617174 1793 618967 493149 1580 494729 76958 17390 184504 96309 126803 1615660724201 4726 728927 602217 7225 609442 98204 65116 214736 133676 186286 2036387878180 7643 885823 656884 14665 671549 120356 107243 241564 157743 253618 2437896

1045762 3998 1049760 755874 20105 775979 158859 192443 275681 191677 326936 29713351100985 5685 1106670 929300 20690 949990 191433 271089 333148 227541 286229 33661001257647 3621 1261268 1090389 12810 1103199 177591 318716 383205 269722 315498 38291991314579 7363 1321942 1184903 21110 1206013 167078 434215 414367 320546 279868 41440291223444 2483 1225927 1671906 15075 1686981 252660 371259 428885 367628 673854 50071941539225 18184 1557409 1900041 64280 1964321 323716 274277 463405 410759 710021 57039081522258 34638 1556896 2563906 73060 2636966 327907 725274 570841 529967 1016478 73643291531698 4999 1536697 2783765 107794 2891559 377902 564280 668102 591837 1151244 77816211393963 7273 1401236 3117675 77894 3195569 424452 696313 736285 710073 1300195 84641231505868 10316 1516184 3412676 77070 3489746 532895 679094 784837 887669 1763774 96541991615200 7656 1622856 3651738 114805 3766543 613852 788323 824454 1053390 2052461 107218791880116 12817 1892933 3908895 82270 3991165 780358 605556 933730 1245435 2260686 117098632009969 14135 2024104 4091437 74100 4165537 816498 690882 838636 1671550 2352433 125596402269812 18407 2288219 4709213 26615 4735828 1076138 170862 859375 1913972 3187964 142323582709122 15016 2724138 5647189 7565 5654754 1213727 131189 903645 2150449 3199777 159776792921637 15366 2937003 5865002 5982 5870984 1260459 126917 919370 2361021 3895553 173713073226307 23214 3249521 7093443 28147 7121590 1683701 112830 935717 2577180 3900507 195810463554408 28595 3583003 8298620 66405 8365025 1842799 454110 1788641 2841371 4870047 237449963920864 38461 3959325 9253006 39960 9292966 1826848 869957 2003697 2880967 5443746 262775063668012 28687 3696699 10091522 27258 10118780 2006096 504091 2353680 3075831 5260028 27015205

3665306 21073 3686379 9017624 31320 9048944 1824189 758047 1939216 3034841 5195436 254870523920864 38461 3959325 9253006 39960 9292966 1826848 869957 2003697 2880967 5443746 26277506

3884079 27040 3911119 9125948 34566 9160514 1645614 722543 1999151 2883178 5123005 254451243660406 31503 3691909 9165477 24031 9189508 1613783 1007230 1995694 2946768 5033383 254782753558417 25543 3583960 9268529 22949 9291478 1586902 1203479 1991194 2978754 5186537 258223043535388 21859 3557247 9350644 30839 9381483 1702283 1302191 2000468 3025250 5115514 260844363535200 27930 3563130 9467990 26300 9494290 1689615 1097784 2063927 3073890 4934855 259174913663886 28791 3692677 9690172 31929 9722101 1773187 512046 2211496 3115778 4927193 259544783659680 22938 3682618 9627282 34123 9661405 1767676 815196 2205066 3102604 4987677 262222423697146 19163 3716309 9783326 41203 9824529 1777453 585509 2220613 3099109 4864241 260877633673048 22672 3695720 9884604 26739 9911343 1788034 392017 2243237 3132891 5042198 262054403510849 22175 3533024 10139113 26828 10165941 1909634 304261 2231108 3152471 5075640 263720793454429 20796 3475225 10185257 38089 10223346 1829905 453247 2259647 3158318 5048862 264485503668012 28687 3696699 10091522 27258 10118780 2006096 504091 2353680 3075831 5260028 27015205

3522799 18715 3541514 10157800 24300 10182100 1867313 486734 2351264 3076001 5015332 265202583446117 21428 3467545 10157460 31100 10188560 1885206 465125 2338532 3086618 5127199 265587853547856 21307 3569163 10182143 41400 10223543 1863620 324189 2367681 3119814 5139531 266075413485351 36422 3521773 10505039 56500 10561539 1850896 270663 2367223 3134545 5231145 269377843551715 26296 3578011 10471155 46700 10517855 1863647 299590 2398872 3152220 5045055 268552503690365 31454 3721819 10375617 44000 10419617 1913451 403927 2389081 3214569 5098590 271610543690239 29688 3719927 10637364 43070 10680434 1847947 491624 2393143 3225102 5100111 274582883936796 25782 3962578 10659983 40100 10700083 1852570 426931 2409892 3228517 5278088 278586594035299 16861 4052160 10574612 37500 10612112 1839786 254732 2400119 3236199 5621428 280165363790816 18117 3808933 10803858 50630 10854488 1813286 277546 2392556 3245524 5480973 278733063776101 30182 3806283 10865696 34400 10900096 1962631 305465 2422167 3262756 5262168 27921566


III - 1. MONETARY

M4 AGGREGATE

MONEY SUPPLY BROAD SENSE M3

MONEY SUPPLY STRICT SENSE M2

MONEY M1 Fiduciary money Bills and coins in circulat. Minus: Cash.bal.of dep.bks Cash.bal.of Treasury Bank money Develop.bks&AEC depts at BCT Companies & indiv.dep.at BCT Monet.depts.at deposit banks Companies & individuals deposits at CCP

QUASI MONEY Companies & individuals Forwd dep & oth.fin.products Certificates of deposits Special savings accounts Other savings products Holdings in currency or in convertible dinar Other sums due to customers Develop.bks & AEC

M3 - M2 Home savings Savings for projects & invest. Debenture loans

M4 - M3 State securities/public (1) Commercial paper (2)

SPECIAL RESOURCES

CAPITAL STOCK EQUITY

OTHER ITEMS NET Allocation to SDRs Other res.&miscel.adjusts

TOTAL RESOURCES


16744179 17249263 17548487 17579574 17948789 18300000 18182387 18165098 18279003

16097261 16790384 17136423 17198324 17547739 17909800 17800987 17792798 17908753

15153456 15612748 15943233 16006565 16352323 16710608 16595496 16584469 16694703

6775941 6642982 6592600 6752246 6838550 7179206 7163158 6907902 69804982377824 2518586 2587189 2606999 2729353 2788924 2664300 2637096 27413292526742 2663115 2708127 2771114 2899230 2962483 2820225 2776503 2899211-144446 -138727 -114506 -156440 -161642 -166535 -147426 -133487 -151228

-4472 -5802 -6432 -7675 -8235 -7024 -8499 -5920 -66544398117 4124396 4005411 4145247 4109197 4390282 4498858 4270806 4239169

5543 3933 4987 6365 4117 4524 8533 7063 49963182 7727 4261 3584 4001 10073 9002 3047 3686

3959325 3696699 3578011 3721819 3719927 3962578 4052160 3808933 3806283

430067 416037 418152 413479 381152 413107 429163 451763 424204

8377515 8969766 9350633 9254319 9513773 9531402 9432338 9676567 97142058309201 8913886 9277965 9183858 9441948 9460791 9369121 9595529 96516462939347 3645807 3970017 3863741 3971437 4034261 3967833 4077759 4091011

837500 663500 626500 641000 752000 694000 664000 743000 7355003906954 4063630 4089565 4081257 4088235 4099618 4126240 4146294 4178839

167231 141119 144113 144271 143346 143627 146791 147159 149584

33451 29061 36017 32881 41468 35356 34607 29125 38874

424718 370769 411753 420708 445462 453929 429650 452192 45783868314 55880 72668 70461 71825 70611 63217 81038 62559

943805 1177636 1193190 1191759 1195416 1199192 1205491 1208329 1214050647443 794045 825427 828447 831753 838511 845845 853597 859385

7243 6650 6585 6641 6687 6705 6170 6256 6189289119 376941 361178 356671 356976 353976 353476 348476 348476

646918 458879 412064 381250 401050 390200 381400 372300 370250265868 57079 914 0 0 0 0 0 0381050 401800 411150 381250 401050 390200 381400 372300 370250

2204979 2529726 2615833 2586256 2621749 2622909 2594696 2616753 2641479

2942735 3164109 3240803 3303173 3313725 3317159 3324862 3334207 3351459

208745 321028 359434 358465 335756 276473 476142 388769 33219562828 62061 60732 61095 61094 61871 61741 62176 61875

145917 258967 298702 297370 274662 214602 414401 326593 270320

22100638 23264126 23764557 23827468 24220019 24516541 24578087 24504827 24604136

2001 2002 2003 2003 2003 2003 2003 2003 2003R E S O U R C E S


10


SYSTEM MONTHLY STATEMENT

NET CLAIMS ON ABROAD

Foreign assets Foreign assets of the BCT International reserves Refin.on abroad(TND&curre.) Invest deeds in currency Banks' foreign assets Minus : external liabilities External liabilities of BCT External liabilities of bks

NET CLAIMS ON THE STATE(BROAD)

Net claims of the BCT BCT's claims on the State Minus: State claims on BCT Deposit banks'claims Count.of compa.&indiv.dep.at CCP State securities held by public

FINANCING OF THE ECONOMY(BROAD)

Loans granted by the BCT

Discount on Tunisia Other financing of the BCT Interv. of the BCT/money market Special pawn Claims purchased firm

Loans granted by deposit banks

Financing of the economy Loans/on ordinary resources Loans/on special resources Minus:adjustments Discounted bills included in banks'portfolio(1) Interv. BCT/M.M (dep.bks) Special pawn

Commercial paper

Securities portfolio

TOTAL COUNTERPARTS


1643729 1946342 2213176 2130010 2369999 2545278 2332712 2359430 2356987

3742534 4091192 4181205 4145778 4357204 4512705 4303176 4262193 44213492935027 3133939 3269129 3257225 3417558 3572417 3438967 3430724 35572802909371 3108863 3244540 3232477 3392717 3547378 3414255 3405921 3532558

0 0 0 0 0 0 0 0 025656 25076 24589 24748 24841 25039 24712 24803 24722

807507 957253 912076 888553 939646 940288 864209 831469 8640692098805 2144850 1968029 2015768 1987205 1967427 1970464 1902763 2064362

271957 138754 104382 102317 139258 114857 130678 89477 1017311826848 2006096 1863647 1913451 1847947 1852570 1839786 1813286 1962631

2472263 2289525 2068225 2092561 2049282 2226217 2350182 2173163 2281934

289441 257647 185637 187579 183626 308411 366260 221486 324044679692 676133 610505 674158 642471 612408 688845 630088 593263390251 418486 424868 486579 458845 303997 322585 408602 269219

1486887 1558762 1463522 1491503 1484504 1504699 1554759 1499914 1533686430067 416037 418152 413479 381152 413107 429163 451763 424204265868 57079 914 0 0 0 0 0 0

17984646 19028259 19483156 19604897 19800738 19745046 19895193 19972234 19965215

1419266 986342 762342 863342 952342 886442 727342 752342 772342

0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

854200 502000 278000 379000 468000 402100 243000 268000 2880000 0 0 0 0 0 0 0 0

565066 484342 484342 484342 484342 484342 484342 484342 484342

15387105 16620207 17231001 17273305 17359400 17377356 17676753 17720215 17675789

16241305 17122207 17509001 17652305 17827400 17779456 17919753 17988215 1796378914313927 14990994 15388200 15550621 15758829 15705708 15858617 15924370 15914149

1927378 2131213 2120801 2101684 2068571 2073748 2061136 2063845 2049640854200 502000 278000 379000 468000 402100 243000 268000 288000

0 0 0 0 0 0 0 0 0854200 502000 278000 379000 468000 402100 243000 268000 288000

0 0 0 0 0 0 0 0 0

381050 401800 411150 381250 401050 390200 381400 372300 370250

797225 1019910 1078663 1087000 1087946 1091048 1109698 1127377 1146834

22100638 23264126 23764557 23827468 24220019 24516541 24578087 24504827 24604136

2001 2002 2003 2003 2003 2003 2003 2003 2003C O U N T E R P A R T S


11

12

III -2-A. MONETARY SYSTEM'S

M O N E Y MONEY

Develop. TotalPERIODS

Total

SUPPLY

ry money moneyFiducia- Bank

Special OtherTotal

Q U A S I - M O N E Y

Forwarddeposits

Certif.of

Other

Companies and individuals

& other depositssavingsaccounts

savingsaccounts

(1)

banks &AEC

M2

products


185032 328732 513764 150741 < 64871 < 29475 245087 8886 253973 767737213592 361974 575566 181824 < 84153 < 22315 288292 7714 296006 871572249748 438360 688108 215139 < 110695 < 27008 352842 4400 357242 1045350265120 519093 784213 245075 < 143636 < 36534 425245 5265 430510 1214723299579 650616 950195 283472 < 178940 < 26892 489304 2080 491384 1441579342820 772080 1114900 330994 < 238659 < 29537 599190 7965 607155 1722055440017 939381 1379398 309920 < 309811 < 34880 654611 15140 669751 2049149533255 1120117 1653372 312147 < 407008 < 35219 754374 21970 776344 2429716573433 1191459 1764892 395769 < 487015 6889 36522 926195 21090 947285 2712177632587 1354760 1987347 477352 < 576126 6701 27660 1087839 12810 1100649 3087996651018 1406742 2057760 454308 < 688377 6965 32335 1181985 23240 1205225 3262985704790 1320246 2025036 716917 < 855907 6789 89546 1669159 15770 1684929 3709965800314 1656109 2456423 583916 128500 1079520 12126 91952 1896014 64280 1960294 4416717874590 1652269 2526859 680950 192000 1300665 17654 118930 2310199 73060 2383259 4910118

1004995 1644451 2649446 613696 184500 1511661 28616 124521 2462994 107794 2570788 52202341103922 1535696 2639618 600541 89500 1766009 44412 266656 2767118 99892 2867010 55066281156036 1625345 2781381 663673 54000 2041200 29706 235804 3024383 97331 3121714 59030951179337 1736117 2915454 645250 78500 2275146 32019 226409 3257324 145206 3402530 63179841196150 2018228 3214378 624378 65000 2386677 42662 354950 3473667 122715 3596382 68107601314525 2214858 3529383 662031 55500 2408088 39459 412448 3577526 114314 3691840 72212231472731 2521871 3994602 982999 121500 2643108 57829 345946 4151382 58122 4209504 82041061593863 2890351 4484214 1515009 121000 2972492 78780 340077 5027358 45378 5072736 95569501695209 3107000 4802209 1421192 124000 3155472 101137 411442 5213243 43834 5257077 100592861994173 3577940 5572113 2242415 168500 3375826 112953 553373 6453067 64473 6517540 120896532228600 3918323 6146923 2704667 458500 3615744 134949 635922 7549782 92653 7642435 137893582377824 4398117 6775941 2939347 837500 3906954 167231 458169 8309201 68314 8377515 151534562518586 4124396 6642982 3645807 663500 4063630 141119 399830 8913886 55880 8969766 15612748

2380421 4038190 6418611 3034194 846000 3781243 157540 425638 8244615 60316 8304931 147235422377824 4398117 6775941 2939347 837500 3906954 167231 458169 8309201 68314 8377515 15153456

2358024 4403460 6761484 2880949 797500 3911540 166720 390946 8147655 64359 8212014 149734982458251 4202895 6661146 2943317 768500 3914201 168534 385711 8180263 53067 8233330 148944762416434 4069826 6486260 2992105 646000 3907429 168908 449538 8163980 53728 8217708 147039682412057 4041351 6453408 3033411 674000 3915222 189277 453444 8265354 59721 8325075 147784832425094 4032638 6457732 3153882 638500 3914642 128472 432607 8268103 57853 8325956 147836882465899 4138077 6603976 3245730 780800 3906828 127582 425565 8486505 60063 8546568 151505442537596 4168586 6706182 3217392 698000 3905746 138522 468468 8428128 61319 8489447 151956292581885 4090178 6672063 3399691 698000 3892414 129285 445242 8564632 67480 8632112 153041752476424 4082977 6559401 3516073 645500 3910766 129957 423535 8625831 54811 8680642 152400432451574 3912317 6363891 3684919 706500 3921206 132356 427806 8872787 55198 8927985 152918762577868 3840915 6418783 3820626 654500 3937814 132731 419635 8965306 66950 9032256 154510392518586 4124396 6642982 3645807 663500 4063630 141119 399830 8913886 55880 8969766 15612748

2578912 4059412 6638324 3695978 641500 4072955 139940 423844 8974217 51942 9026159 156644832612935 3972404 6585339 3720416 598000 4085132 140574 425404 8969526 58748 9028274 156136132596287 4043317 6639604 3802884 497500 4082198 142349 463496 8988427 71620 9060047 156996512586330 3978311 6564641 4011095 603000 4085516 143830 463388 9306829 82190 9389019 159536602587189 4005411 6592600 3970017 626500 4089565 144113 447770 9277965 72668 9350633 159432332606999 4145247 6752246 3863741 641000 4081257 144271 453589 9183858 70461 9254319 160065652729353 4109197 6838550 3971437 752000 4088235 143346 486930 9441948 71825 9513773 163523232788924 4390282 7179206 4034261 694000 4099618 143627 489285 9460791 70611 9531402 167106082664300 4498858 7163158 3967833 664000 4126240 146791 464257 9369121 63217 9432338 165954962637096 4270806 6907902 4077759 743000 4146294 147159 481317 9595529 81038 9676567 165844692741329 4239169 6980498 4091011 735500 4178839 149584 496712 9651646 62559 9714205 16694703


1___________________________________________________________________________________________________________________

13

1___________________________________________________________________________________________________________________

RESOURCES

( M 3 - M 2 )

for proj.& invest.

ureSavings Debent-

loans

Total

MONEY

SUPPLY

(1)

Homesavings

M3

STATESECURIT-

HELD BY

PUBLIC

COMMER-CIAL

PAPER

M4 SPECIALRESOUR-CES

CAPITALSTOCK

OTHERRESOUR-CES &

MISCELL.

PERIODSTOTALRESOUR-CES

AGREG.

EQUITY

ADJUST.

- < 4513 4513 772250 < < < 112937 100522 33753 1019462- < 4320 4320 875892 < < < 120712 114663 6382 1117649- < 4317 4317 1049667 < < < 144368 128444 -8715 1313764- < 4641 4641 1219364 < < < 164854 137682 -4802 1517098- < 3845 3845 1445424 < < < 186404 159144 -9046 1781926- < 3027 3027 1725082 < < < 219174 205769 63572 2213597- < 2273 2273 2051422 < < < 261135 268111 111266 2691934- < 1500 1500 2431216 < < < 292612 324009 253681 3301518- 5 3100 3105 2715282 < < < 351626 413781 166944 3647633- 50 2500 2550 3090546 < < < 405085 487212 153520 4136363- 918 2000 2918 3265903 < < < 460612 570662 19417 4316594- 1147 1600 2747 3712712 < < < 501210 612244 -50136 4776030- 2727 1300 4027 4420744 < < < 542198 448578 -194285 5217235

201994 4502 47211 253707 5163825 133393 54000 5351218 664362 574386 -172011 6417955212123 6028 102620 320771 5541005 418854 233500 6193359 733566 640462 -160029 7407358234500 6383 109674 350557 5857185 745296 499550 7102031 805982 758698 -154534 8512177255712 9137 123444 388293 6291388 1179322 449100 7919810 848687 941964 195170 9905631263077 11335 120002 394414 6712398 1535253 434500 8682151 902930 1112685 125199 10822965314739 11805 108684 435228 7245988 1649892 450750 9346630 982628 1314788 225841 11869887342941 17992 152978 513911 7735134 1848155 760850 10344139 877202 1750943 78347 13050631395019 19646 143166 557831 8761937 2265190 630700 11657827 906335 1998553 239167 14801882471821 26729 121281 619831 10176781 2072734 529500 12779015 970518 2240081 185798 16175412537654 17284 96821 651759 10711045 2531672 672550 13915267 999865 2459158 20582 17394872533335 23105 83936 640376 12730029 1806756 627200 15163985 1016994 2621377 39680 18842036590221 10343 148274 748838 14538196 824074 510600 15872870 1962653 2895739 291333 21022595647443 7243 289119 943805 16097261 265868 381050 16744179 2204979 2942735 208745 22100638794045 6650 376941 1177636 16790384 57079 401800 17249263 2529726 3164109 321028 23264126

630733 7500 134776 773009 15496551 569314 415700 16481565 2135260 3096609 531354 22244788647443 7243 289119 943805 16097261 265868 381050 16744179 2204979 2942735 208745 22100638

660763 7254 310276 978293 15951791 179724 341200 16472715 2167645 2950321 482753 22073434669022 7283 308909 985214 15879690 124963 378500 16383153 2190992 3013911 198349 21786405674869 7952 421728 1104549 15808517 127690 367500 16303707 2194961 3045897 158454 21703019662887 7024 415379 1085290 15863773 88596 350600 16302969 2795231 3092393 247362 22437955731402 6918 461567 1199887 15983575 78199 344450 16406224 3177676 3141033 128184 22853117735328 6772 461567 1203667 16354211 6290 387450 16747951 2867569 3182921 106730 22905171730045 6532 462577 1199154 16394783 11737 364200 16770720 2695257 3169747 248663 22884387749557 6560 462577 1218694 16522869 53713 363850 16940432 2697512 3166252 263097 23067293759962 6582 492229 1258773 16498816 64046 423700 16986562 2513395 3200034 367408 23067399769082 6604 490640 1266326 16558202 62466 393700 17014368 2495662 3219614 432119 23161763778370 5757 435824 1219951 16670990 61037 392800 17124827 2510031 3225461 473470 23333789794045 6650 376941 1177636 16790384 57079 401800 17249263 2529726 3164109 321028 23264126

800448 6375 376760 1183583 16848066 34750 406000 17288816 2525899 3164515 406975 23386205806363 6391 375180 1187934 16801547 1296 403200 17206043 2941118 3175149 414399 23736709812105 6433 375178 1193716 16893367 12266 402800 17308433 3032493 3208361 277249 23826536819533 6499 372178 1198210 17151870 1741 400350 17553961 2578162 3223110 423531 23778764825427 6585 361178 1193190 17136423 914 411150 17548487 2615833 3240803 359434 23764557828447 6641 356671 1191759 17198324 - 381250 17579574 2586256 3303173 358465 23827468831753 6687 356976 1195416 17547739 - 401050 17948789 2621749 3313725 335756 24220019838511 6705 353976 1199192 17909800 - 390200 18300000 2622909 3317159 276473 24516541845845 6170 353476 1205491 17800987 - 381400 18182387 2594696 3324862 476142 24578087853597 6256 348476 1208329 17792798 - 372300 18165098 2616753 3334207 388769 24504827859385 6189 348476 1214050 17908753 - 370250 18279003 2641479 3351459 332195 24604136



14

III -2-B. MONETARY SYSTEM'S

INTERNATIONAL RESERVES

Miscell-PERIODS

Loansholdings in SDRsGold Holdings Payment DepositIMF

MONETARY SYSTEM'S FOREIGN ASSETS

Assetsin for-

Total Bks head

OTHER ASSETS

eignagreem.(balance

bks cashbalance

a - FOREIGN ASSETS

reserveposition

receiv. in curr.

offices& bran.corresp.abroad

grantedto NR &inv.deedsin curr.(1)

currency

aneous


2378 5232 7483 145686 160779 - 1291 4677 9107 7442755 5015 7133 130175 145078 - 1097 6758 10377 2492942 4476 6059 152367 165844 - 1739 6739 16102 3243131 7685 5937 183159 199912 - 2964 14516 22305 16503428 6198 10046 200132 219804 - 2779 22621 27070 513428 9146 11298 234948 258820 - 3277 31271 48881 1083428 8411 12091 237462 261392 - 3037 50880 66478 903428 1878 21594 351518 378418 - 3248 71291 95103 2223428 997 24279 300651 329355 - 2567 88116 104510 2343428 245 22198 184131 210002 - 2804 79199 86985 3253771 13020 - 160377 177168 - 2570 57006 123724 1563771 22023 - 340186 365980 - 3420 108410 172430 133771 12143 - 732860 748774 - 4481 133866 218849 2673771 3717 20 831062 838570 - 3691 146335 255869 97454350 956 19 622325 627650 - 6042 192982 301276 101494351 29035 32 637965 671383 - 6727 162488 337260 154024351 11442 31 851792 867616 - 12814 139390 344544 169014351 1853 33 923295 929532 - 6772 166265 376715 189454368 7755 36 1454610 1466769 - 8922 185652 317010 187674569 11547 51 1525023 1541190 - 10311 181666 216442 189814382 20888 50 1892472 1917792 - 14134 292090 238299 223784385 24007 52 2253407 2281851 - 13734 393769 262252 261984389 8646 55 2045455 2058545 - 15940 470139 218158 242954391 39459 32272 2795316 2871438 - 16387 537506 218513 277314409 11925 34440 2481232 2532006 - 23655 622991 274085 312234411 13303 36543 2855114 2909371 - 22862 521952 254620 333944402 14295 37538 3052628 3108863 - 22901 684521 235522 39145

4409 16671 36543 2411743 2469366 - 19527 587129 265825 339754411 13303 36543 2855114 2909371 - 22862 521952 254620 33394

4411 13380 36543 2597509 2651843 - 19719 401578 234577 326144411 13345 36543 2417520 2471819 - 21420 343628 248570 334494411 13211 36543 2104709 2158874 - 20453 389262 243228 330674405 21803 36543 2849605 2912356 - 19372 445373 253561 372104405 14178 36543 3080931 3136057 - 15908 460519 240822 340624405 13974 37538 3014736 3070653 - 16454 491318 240619 341034405 12645 37538 2970631 3025219 - 34589 535952 240714 369084405 12857 37538 3092620 3147420 - 28553 539621 243853 359404402 12878 37538 3002734 3057552 - 25656 529103 251014 361034402 16049 37538 3054643 3112632 - 23302 582176 243830 378464402 15757 37538 3105060 3162757 - 19184 561275 244256 356844402 14295 37538 3052628 3108863 - 22901 684521 235522 39145

4403 14062 37538 2925647 2981650 - 16350 585948 224178 350534403 13971 37538 3560949 3616861 - 18500 533390 235223 460724402 26674 37538 3410795 3479409 - 20217 566368 224006 376844403 20811 37538 3287735 3350487 - 17744 557644 237871 505574402 20411 37538 3182189 3244540 - 17089 643109 229736 464794402 20533 36382 3171160 3232477 - 20815 598749 245093 484274403 14604 36383 3337327 3392717 - 32473 639285 251865 406464403 14789 36383 3491803 3547378 - 33902 648394 244151 386674402 14598 36382 3358873 3414255 - 22749 593841 235551 365624402 27194 36383 3337942 3405921 - 23303 548064 249867 348184403 26911 36383 3464861 3532558 - 23595 589919 238656 36428


1___________________________________________________________________________________________________________________ 1___________________________________________________________________________________________________________________

15

1___________________________________________________________________________________________________________________

RESOURCES' COUNTERPARTS

Total

TOTAL Convert.liabili.of the

Paymentagreem.(balance

Bks heaoffices& bran.

Miscell. Miscell- Total

NETCLAIMESONABROAD

PERIODS

MONETARY SYSTEM'S EXTERNAL LIABILITIES

Recourseto IMF &AMFloans BCT payable) corresp.

abroad

NR cre-ditorsdeposits

(figures of end of period : in thousand dinars)AND LIABILITIES

aneous

15819 176598 - 1943 - 9978 33372 73 45366 13123218481 163559 12048 2912 - 9597 36830 70 61457 10210224904 190748 12474 9482 - 14323 40373 - 76652 11409641435 241347 12613 5886 - 13134 45196 1 76830 16451752521 272325 - 4578 - 14012 62925 21 81536 19078983537 342357 - 8475 - 19694 78449 61 106679 235678

120485 381877 - 9546 - 25157 94920 279 129902 251975169864 548282 - 300 - 33112 125654 93 159159 389123195427 524782 - 44401 - 28374 163048 11 235834 288948169313 379315 - 619 - 24548 153008 35 178210 201105183456 360624 139286 649 - 22442 144579 57 307013 53611284273 650253 219677 1751 - 65565 165271 21824 474088 176165357463 1106237 248190 2127 - 56158 236846 30712 574033 532204415640 1254210 256643 1859 - 51713 244493 31701 586409 667801510449 1138099 146097 1842 - 82751 269761 25390 525841 612258521877 1193260 231555 10955 - 80274 318052 26126 666962 526298513649 1381265 280594 20451 - 146472 362520 23903 833940 547325568697 1498229 296903 26139 - 150824 438273 24755 936894 561335532224 1998993 308490 25576 - 260638 488739 30981 1114424 884569429403 1970593 286421 24953 - 231636 553157 31705 1127872 842721568622 2486414 257662 14397 - 427562 607462 41114 1348197 1138217697463 2979314 209647 45102 - 524465 644349 44913 1468476 1510838729494 2788039 143411 30841 - 468119 749010 43330 1434711 1353328801108 3672546 109036 71148 - 736268 898060 49373 1863885 1808661952745 3484751 56919 204376 - 627605 1163766 51428 2104094 1380657833163 3742534 85663 186294 - 458717 1295049 73082 2098805 1643729982329 4091192 66553 72201 - 497421 1326743 181932 2144850 1946342

906992 3376358 36641 189713 - 481864 1270805 71520 2050543 1325815833163 3742534 85663 186294 - 458717 1295049 73082 2098805 1643729

688797 3340640 86160 172901 - 486648 1084462 74504 1904675 1435965647377 3119196 85933 174222 - 428349 1110984 74450 1873938 1245258686323 2845197 86644 188770 - 403616 1108502 74784 1862316 982881755833 3668189 80862 163282 - 452093 1105087 145103 1946427 1721762751632 3887689 73269 180148 - 388341 1152483 148791 1943032 1944657782788 3853441 72212 80983 - 405143 1220059 147985 1926382 1927059848428 3873647 72253 68652 - 413112 1207167 147397 1908581 1965066848232 3995652 72631 56620 - 402831 1226821 147801 1906704 2088948842141 3899693 72749 69585 - 376803 1263436 147795 1930368 1969325887421 4000053 67266 65788 - 380181 1349877 179576 2042688 1957365860668 4023425 67100 59003 - 401255 1251879 176771 1956008 2067417982329 4091192 66553 72201 - 497421 1326743 181932 2144850 1946342

861769 3843419 65466 57405 - 420697 1266222 180394 1990184 1853235833427 4450288 66036 51834 - 366605 1335266 183335 2003076 2447212848518 4327927 66321 32227 - 373975 1305892 183753 1962168 2365759864062 4214549 60564 107820 - 373405 1294038 183453 2019280 2195269936665 4181205 59731 44651 - 354831 1323574 185242 1968029 2213176913301 4145778 60088 42229 - 357626 1368842 186983 2015768 2130010964487 4357204 55471 83787 - 341845 1320970 185132 1987205 2369999965327 4512705 56176 58681 - 345204 1314813 192553 1967427 2545278888921 4303176 56058 74620 - 316865 1330487 192434 1970464 2332712856272 4262193 50928 38549 - 301968 1312311 199007 1902763 2359430888791 4421349 50682 51049 - 304593 1332803 325235 2064362 2356987


1 1

16

III-2-B. COUNTERPARTS OF MONETARY SYSTEM'S RESOURCES (CONTINUING)

MONETARY SYSTEM'S NET CLAIMS ON THE STATE

(Figures of end of period : in thousand dinars)

Deposits Total

TOTALCENTRAL BANK CLAIMS /STATE

PERIODS

at

NET

Claimsto theState(1)

Total of which:treasury

TreasuryAdvances Other

(2)

Invest.bonds &

Depositat

CCP

Total

STATESECURI-

b -

CCP

STATE CLAIMS /BCT

currentaccount

DEPOSIT BANK CLAIMS /STATE

bonds& other nat.bor-

rowings

C/P OF

COMPA-NIES& INDIV.DEPOSITSAT CCP

TIESHELDBY THE

CLAIMSON THESTATE

PUBLIC(3)


3989 41500 2194 47683 15374 17262 70080 - 1155 71235 23135 < 1247913979 41000 1358 46337 26636 28324 97246 297 4317 101860 24730 < 1446033981 40500 7703 52184 32955 35387 131724 247 3857 135828 25811 < 1784363950 40000 1725 45675 26613 29450 169217 167 3195 172579 25669 < 2144733974 39500 3930 47404 59812 63002 201390 102 2521 204013 30909 < 2193243980 39000 4943 47923 75778 79879 242482 90 2359 244931 42436 < 2554113982 38500 30468 72950 99484 102628 281390 62 2880 284332 51978 < 3066323981 38000 17320 59301 105159 107749 333450 39 1918 335407 67274 < 3542333982 37500 14109 55591 88575 91635 402200 16 2421 404637 82184 < 4507773982 37000 8958 49940 78059 81106 499366 10 1621 500997 84424 < 5542553982 36500 21481 61963 83236 86510 571852 10 2805 574667 77336 < 6274564982 36000 30194 71176 67368 71843 627140 42 3857 631039 91025 < 7213974999 35500 8495 48994 115755 119352 644383 4722 3330 652435 94688 < 6767654999 35000 14079 54078 135165 138901 664162 47110 3326 714598 92159 133393 8553275000 34500 24725 64225 115055 119088 728837 29783 3786 762406 100201 418854 12265985000 34000 56332 95332 159542 163559 667538 119142 6145 792825 128140 745296 15980345000 285610 78672 369282 66880 70538 323821 207929 4863 536613 103894 1179322 21185734999 329995 84105 419099 123170 127730 219672 311926 4313 535911 109619 1535253 24721524997 348793 55850 409640 193441 197696 144147 392809 7067 544023 122095 1649892 25279544999 345062 47878 397939 132770 137352 58151 277272 5680 341103 184017 1848155 26338625000 339184 66903 411087 248883 253699 17223 269918 4128 291269 229817 2265190 29436645000 352455 22281 379736 226783 230650 8512 666890 6822 682224 162117 2072734 30661615000 366503 42658 414161 236571 240590 2800 542617 10656 556073 163672 2531672 34249885000 502654 44175 551829 239837 243501 6108 928143 7554 941805 321162 1806756 33780515000 532787 97684 635471 200781 205600 326892 1283366 9275 1619533 327905 824074 32013834996 562208 112488 679692 385779 390251 343085 1122608 21194 1486887 430067 265868 24722634999 575871 95263 676133 412684 418486 445718 1103198 9846 1558762 416037 57079 2289525

4988 562208 53075 620271 120984 125969 314569 944877 6808 1266254 343863 569314 26737334996 562208 112488 679692 385779 390251 343085 1122608 21194 1486887 430067 265868 2472263

4766 562208 46997 613971 126969 134122 343085 1049262 7127 1399474 483800 179724 25428474708 562208 13737 580653 238405 247908 343085 1073223 8721 1425029 499515 124963 23822524951 562239 26073 593263 210534 217819 344018 1066592 7655 1418265 478426 127690 23998254765 562239 58423 625427 527502 534701 343893 1048247 7018 1399158 478828 88596 20573084857 562239 52344 619440 279164 284455 348590 1013114 6390 1368094 459808 78199 22410865000 576371 24084 605455 102905 110525 348569 969891 7874 1326334 434169 6290 22617235000 575871 36645 617516 303034 310020 353948 891665 9301 1254914 477890 11737 20520375000 575872 58941 639813 244229 250588 372758 858651 9822 1241231 356670 53713 20408395000 575871 99052 679923 299221 306192 373351 917004 7386 1297741 375986 64046 21115044999 575871 18146 599016 251528 259804 375138 993723 6807 1375668 371230 62466 21485765000 575871 45734 626605 334659 340650 398688 1131319 7121 1537128 349334 61037 22334544999 575871 95263 676133 412684 418486 445718 1103198 9846 1558762 416037 57079 2289525

4739 575872 36032 616643 203348 209257 452649 1004978 6182 1463809 511382 34750 24173274746 575886 18094 598726 356967 364845 451872 962684 6589 1421145 494598 1296 21509204745 575886 37190 617821 124610 133890 451720 869807 5919 1327446 465006 12266 22886494746 575886 54127 634759 316744 324742 449984 968191 6229 1424404 450882 1741 21870444746 575886 29873 610505 418436 424868 449985 1007503 6034 1463522 418152 914 20682254746 559473 109939 674158 478904 486579 448236 1037003 6264 1491503 413479 - 20925614746 558973 78752 642471 450610 458845 446049 1029863 8592 1484504 381152 - 20492824763 558973 48672 612408 296973 303997 431291 1065389 8019 1504699 413107 - 22262174763 558973 125109 688845 314086 322585 446209 1098763 9787 1554759 429163 - 23501824763 558973 66352 630088 402682 408602 445758 1042576 11580 1499914 451763 - 21731635000 558973 29290 593263 262565 269219 447765 1075311 10610 1533686 424204 - 2281934


17

III -2-B. THE COUNTERPARTS OF THE MONETARY SYSTEM'S RESOURCES (END )

LOANS OF THE BCT TOTALSECURI- COMMER-

PERIODSTotal FINANCING

Interv./money

Of which Total

frozen

Loans

LOANS OF DEPOSIT BANKS

Current

receiv-

discou-nt

Loans granted by deposit banks

ableport-

claims &other

ted/special

TIESPORT- OF THE

ECONOMY

c - MONETARY SYSTEM'S FINANCING OF THE ECONOMY(figures of end of period : in thousand dinars)

market&specialadvance

Total

(1)loans

resour-

Minus:adjust-d'ajus-ment

(2)

CIALPAPER

FOLIO

ces

grant-

itemsfolio

account


11920 106614 210574 239545 75328 525447 103733 11920 617260 39565 < 76343939750 145570 233784 296593 88772 619149 113061 57262 674948 50426 < 87094411445 154491 275104 331208 98476 704788 135409 28035 812162 54579 < 1021232-5587 135706 296356 370333 126721 793410 157028 7191 943247 59155 < 1138108-1545 172543 340309 483286 156930 980525 175754 15421 1140858 58412 < 1371813

-26310 254709 414551 632434 200431 1247416 207152 59909 1394659 73140 < 1722508-47265 372391 560166 742071 227688 1529925 234829 102172 1662582 98354 < 2133327-39840 464077 578005 953902 343084 1874991 273360 187276 1961075 133010 < 255816221620 600510 748912 1011519 316266 2076697 319664 270428 2125933 181467 < 290791069540 729903 851301 1099119 418171 2368591 384073 312185 2440479 210621 < 3381003

161165 850060 1028490 1100472 413050 2542012 411144 422841 2530315 255152 < 363552748260 662519 911080 1385317 484907 2781304 436415 314135 2903584 312365 < 3878468

-259981 336699 966563 1503336 585534 3055433 471883 -1741 3529057 142510 < 4008266-369462 374672 1060081 2395527 665665 4121273 547031 343478 4324826 141349 54000 4894847

95582 587290 1066403 2735049 741736 4543188 617691 553417 4607462 140269 233500 5568521224187 735564 1106263 2984097 859829 4950189 698398 694489 4954098 198665 499550 6387877220403 718299 1167700 3409321 1133700 5710721 784122 678916 5815927 256438 449100 7239764401526 812488 1205875 3610243 1393277 6209395 845153 786781 6267767 274756 434500 7789511262260 625996 1387588 3744218 1657351 6789157 892236 605555 7075838 304816 450750 8457400397405 702486 1119711 4218956 2297835 7636502 826899 687571 7775830 334933 760850 9574099138630 1107314 1208791 4271845 2423469 7904105 871901 138630 8637376 344661 630700 10720051

-355500 532460 1301328 4954167 2586096 8841591 919176 -355500 10116267 420186 529500 1159841380500 887737 1360567 5502529 2833076 9696172 953563 80500 10569235 487034 672550 12616556

-376000 350513 1401772 6183113 3203338 10788223 944526 -376000 12108749 568862 627200 13655324449000 1094789 1748154 7675427 3279340 12709272 1828710 449000 14088982 746184 510600 16440555854200 1419266 1914588 8955547 3435687 14313927 1927378 854200 15387105 797225 381050 17984646502000 986342 2107927 9104379 3770136 14990994 2131213 502000 16620207 1019910 401800 19028259

733500 1379289 2105558 8552851 3791005 14456905 1928566 733500 15651971 798280 415700 18245240854200 1419266 1914588 8955547 3435687 14313927 1927378 854200 15387105 797225 381050 17984646

701500 1266566 2263681 8657387 3542292 14472297 1913967 701500 15684764 802092 341200 180946221000000 1565066 2264952 8597046 3605665 14476843 1927683 1000000 15404526 810803 378500 181588951189200 1754266 2287087 8592449 3689861 14578379 1961165 1189200 15350344 848203 367500 183203131292300 1857366 2444718 8680990 3769061 14903936 1969569 1292300 15581205 869714 350600 186588851089600 1654666 2354933 8765509 3764022 14893485 1983665 1089600 15787550 880708 344450 18667374

506600 1071666 2239526 8898106 3685727 14832262 2038182 506600 16363844 893429 387450 18716389771100 1336166 2429928 8703698 3890440 15032630 2012784 771100 16274314 892604 364200 18867284571500 1136566 2442248 8696266 3935906 15082925 2019731 571500 16531156 905934 363850 18937506379500 944566 2301230 8790284 3936982 15036758 2049164 379500 16706422 911882 423700 18986570291500 856566 2389617 8755217 3965148 15118361 2061257 291500 16888118 917438 393700 19055822410500 975565 2365362 8699317 4005357 15078252 2071385 410500 16739137 925416 392800 19032918502000 986342 2107927 9104379 3770136 14990994 2131213 502000 16620207 1019910 401800 19028259

474000 958342 2399418 8789334 3885624 15082979 2119424 474000 16728403 1022898 406000 19115643447500 931842 2436498 8721036 3929109 15095254 2134200 447500 16781954 1021581 403200 19138577317400 801742 2518731 8583208 3982529 15092712 2133580 317400 16908892 1058694 402800 19172128263700 748042 2502381 8707223 4101941 15320027 2120586 263700 17176913 1071146 400350 19396451278000 762342 2438158 8819548 4122327 15388200 2120801 278000 17231001 1078663 411150 19483156379000 863342 2413256 8969730 4159506 15550621 2101684 379000 17273305 1087000 381250 19604897468000 952342 2519696 8956754 4274517 15758829 2068571 468000 17359400 1087946 401050 19800738402100 886442 2432213 8946194 4319103 15705708 2073748 402100 17377356 1091048 390200 19745046243000 727342 2344177 9183321 4322465 15858617 2061136 243000 17676753 1109698 381400 19895193268000 752342 2387018 9085193 4443754 15924370 2063845 268000 17720215 1127377 372300 19972234288000 772342 2337384 9079349 4488960 15914149 2049640 288000 17675789 1146834 370250 19965215


18

III -3 LOANS GRANTED BY THE MONETARY

CurrentRefin- Discou-PERIODSTotal

account& otherfinanc-

port-Discount Discount

folio

Loans commer-Current

MEDIUM TERM

Créancesimmobilisés

TotalLoans granted on ordinary resources

/specialresour-

cialpaper

(1)

ancingat BCT receiv-

ableing by BCT

accountsreceiv-able

SHORT TERM LOANS

& autrescrédits

grantedLoans/ordinary

ntport-folioces


83379 143130 207177 75328 509014 9482 < 518496 11315 88175 231588137 168001 230059 88772 574969 17101 < 592070 17683 100227 2535

124787 182565 269237 98476 675065 19935 < 695000 18259 120069 4430126967 199929 290938 126721 744555 24632 < 769187 14326 144787 3867152622 279879 335106 156930 924537 28415 < 952952 21466 170158 4867196271 308955 408681 200431 1114338 33823 < 1148161 73945 214538 5538274318 322071 554110 227688 1378187 40338 < 1418525 133705 245743 5707294308 442022 571870 343084 1651284 57126 < 1708410 188581 259231 5790353559 453675 744028 316266 1867528 72311 < 1939839 204000 284092 4440436893 508993 847366 418171 2211423 93329 < 2304752 209718 315747 2816456827 491667 1024252 413050 2385796 106094 < 2491890 221343 313444 2549389741 738793 897539 445524 2471597 102293 < 2573890 220763 342175 11467384670 797935 966563 548233 2697401 112116 < 2809517 212010 406063 -404753 999636 1060081 624527 3088997 112389 54000 3255386 337258 410368 -150356 1451062 1066403 697939 3365760 194665 233500 3793925 332430 539642 -151387 1316118 1106263 813609 3387377 157279 499550 4044206 355294 856950 -135177 1923674 1166860 1083800 4309511 .. 449100 4758611 360966 696589 -103604 2025548 1205875 1338492 4673519 .. 434500 5108019 307358 877050 -114490 1989149 1387588 1597388 5088615 .. 450750 5539365 249246 990354 -120519 2154996 1119711 2232367 5627593 .. 760850 6388443 184562 1207151 -

- 2297565 1208791 2346893 5853249 .. 630700 6483949 - 1378035 -- 2616734 1301328 2498595 6416657 .. 529500 6946157 - 1650278 -- 2882543 1360567 2737891 6981001 .. 672550 7653551 - 1817809 -- 3020055 1401772 3100477 7522304 .. 627200 8149504 - 2087309 -- 3832256 1748154 3169137 8749547 .. 510600 9260147 - 2524630 -- 4148228 1914588 3307779 9370595 .. 381050 9751645 - 3257294 -- 3746917 2107927 3609635 9464479 .. 401800 9866279 - 3694372 -

- 3918493 2105558 3668466 9692517 .. 415700 10108217 - 3112013 -- 4148228 1914588 3307779 9370595 .. 381050 9751645 - 3257294 -

- 3861570 2263681 3415216 9540467 .. 341200 9881667 - 3248742 -- 3767333 2264952 3478832 9511117 .. 378500 9889617 - 3278977 -- 3747155 2287087 3545304 9579546 .. 367500 9947046 - 3292914 -- 3826050 2444718 3624689 9895457 .. 350600 10246057 - 3281029 -- 3845344 2354933 3619504 9819781 .. 344450 10164231 - 3307902 -- 3701206 2239526 3529958 9470690 .. 387450 9858140 - 3565284 -- 3540391 2429928 3734332 9704651 .. 364200 10068851 - 3540309 -- 3534069 2442248 3779739 9756056 .. 363850 10119906 - 3534181 -- 3594490 2301230 3780492 9676212 .. 423700 10099912 - 3562678 -- 3550293 2389617 3808775 9748685 .. 393700 10142385 - 3565716 -- 3467730 2365362 3848821 9681913 .. 392800 10074713 - 3579233 -- 3746917 2107927 3609635 9464479 .. 401800 9866279 - 3694372 -

- 3455660 2399418 3725174 9580252 .. 406000 9986252 - 3672910 -- 3371684 2436498 3768667 9576849 .. 403200 9980049 - 3683915 -- 3192692 2518731 3820453 9531876 .. 402800 9934676 - 3669918 -- 3262382 2502381 3940103 9704866 .. 400350 10105216 - 3687436 -- 3363805 2438158 3960174 9762137 .. 411150 10173287 - 3698663 -- 3438308 2413256 3991995 9843559 .. 381250 10224809 - 3754252 -- 3474887 2519696 4106739 10101322 .. 401050 10502372 - 3698952 -- 3478164 2432213 4151661 10062038 .. 390200 10452238 - 3692258 -- 3635641 2344177 4150489 10130307 .. 381400 10511707 - 3768244 -- 3560874 2387018 4271529 10219421 .. 372300 10591721 - 3740277 -- 3555831 2337384 4316786 10210001 .. 370250 10580251 - 3728615 -


1___________________________________________________________________________________________________________________ 1___________________________________________________________________________________________________________________19 1___________________________________________________________________________________________________________________

SYSTEM TO THE ECONOMY BROKEN DOWN BY TERM

LOANS

Total gran-Loans

ted/

TotalRefinan-cing at

Resources

Otherloans

the BCT

Loans granted on ordinary resources

disc-ount-

Currentaccountreceiv-

Other Total

Loans

TOTALFINANC-ING TO

THEECONOMY

PERIODS

special

LONG TERM LOANS

& claimspurshasedfirm

port-able

loans

gran-ted/special

Total

resou-rces

folioresou-rces


< 101805 37078 138883 < 8240 1082 < 9322 57173 66495 723874< 120445 29689 150134 < 10853 1190 < 12043 66271 78314 820518< 142758 32344 175102 < 11984 1437 < 13421 83130 96551 966653< 162980 36854 199834 < 12839 1551 < 14390 95542 109932 1078953< 196491 39382 235873 < 16283 336 < 16619 107957 124576 1313401< 294021 46114 340135 10803 22722 332 < 33857 127215 161072 1649368< 385155 55643 440798 11633 24820 349 < 36802 138848 175650 2034973< 453602 58839 512441 21028 25533 345 < 46906 157395 204301 2425152< 492532 70050 562582 21331 24944 444 < 46719 177303 224022 2726443< 528281 80715 608996 13752 31734 1119 < 46605 210029 256634 3170382< 537336 94068 631404 10725 33685 1689 < 46099 210982 257081 3380375

2063 576468 117229 693697 3755 38474 2074 37320 81623 216893 298516 35661032765 620838 103653 724491 - 41098 - 34536 75634 256114 331748 38657565187 752813 148538 901351 2123 272583 - 35951 310657 286104 596760 47534989730 881802 87991 969793 8922 286510 - 34067 329499 335035 664534 5428252

11278 1223522 172015 1395537 4697 340726 - 34942 380365 369104 749469 618921211155 1068710 .. 1068710 1753 330545 - 39585 371883 .. 371883 6983326

9740 1194148 .. 1194148 - 322390 - 45045 367435 .. 367435 751475510660 1250260 .. 1250260 - 421420 - 49303 470723 .. 470723 815258417437 1409150 .. 1409150 - 566643 - 48031 614674 .. 614674 923916620420 1398455 .. 1398455 968684 596245 - 56156 1621085 .. 1621085 1037539028991 1679269 .. 1679269 887960 687155 - 58510 1633625 .. 1633625 1117822726288 1844097 .. 1844097 807237 802177 - 68897 1678311 .. 1678311 1212952230610 2117919 .. 2117919 726513 1075749 - 72251 1874513 .. 1874513 1308646225682 2550312 .. 2550312 645789 1318541 - 90872 2055202 .. 2055202 1569437128973 3286267 .. 3286267 565066 1550025 - 107040 2222131 .. 2222131 1718742133358 3727730 .. 3727730 484342 1663090 - 135695 2283127 .. 2283127 18008349

27859 3139872 .. 3139872 645789 1522345 - 102171 2270305 .. 2270305 1744696028973 3286267 .. 3286267 565066 1550025 - 107040 2222131 .. 2222131 17187421

28973 3277715 .. 3277715 565066 1547075 - 107040 2219181 .. 2219181 1729253028973 3307950 .. 3307950 565066 1550736 - 107040 2222842 .. 2222842 1734809231715 3324629 .. 3324629 565066 1552380 - 121824 2239270 .. 2239270 1747211031715 3312744 .. 3312744 565066 1573911 - 121824 2260801 .. 2260801 1778917131715 3339617 .. 3339617 565066 1612263 - 121824 2299153 .. 2299153 1778666632563 3597847 .. 3597847 565066 1631616 - 132109 2328791 .. 2328791 1782296032563 3572872 .. 3572872 565066 1622998 - 132109 2320173 .. 2320173 1797468032563 3566744 .. 3566744 565066 1628016 - 132109 2325191 .. 2325191 1803157233617 3596295 .. 3596295 565066 1633116 - 131135 2329317 .. 2329317 1807468833617 3599333 .. 3599333 565066 1639208 - 131135 2335409 .. 2335409 1813838433617 3612850 .. 3612850 565065 1652354 - 131135 2348554 .. 2348554 1810750233358 3727730 .. 3727730 484342 1663090 - 135695 2283127 .. 2283127 18008349

33358 3706268 .. 3706268 484342 1660764 - 135695 2280801 .. 2280801 1809274533358 3717273 .. 3717273 484342 1665437 - 135695 2285474 .. 2285474 1811699632526 3702444 .. 3702444 484342 1720598 - 137794 2342734 .. 2342734 1811343432526 3719962 .. 3719962 484342 1757405 - 137794 2379541 .. 2379541 1832530532526 3731189 .. 3731189 484342 1757080 - 137794 2379216 .. 2379216 1840449334822 3789074 .. 3789074 484342 1777170 - 140818 2402330 .. 2402330 1851789734822 3733774 .. 3733774 484342 1782915 - 140818 2408075 .. 2408075 1871279234822 3727080 .. 3727080 484342 1775772 - 140818 2400932 .. 2400932 1865399833679 3801923 .. 3801923 484342 1779436 - 146951 2410729 .. 2410729 1878549533679 3773956 .. 3773956 484342 1784042 - 146951 2415335 .. 2415335 1884485733679 3762294 .. 3762294 484342 1794903 - 146951 2426196 .. 2426196 18818381



IV-1-A DEVELOPMENT BANKS'MONTHLY STATEMENT BY SECTOR

CASH BALANCE

DEPOSITS AT THE BCT

Ordinary current accounts Interv./ money market Accounts in foreign currency

FOREIGN ASSETS

Cash balance in foreign currcy Bank correspondents abroad Current accounts receivable Discount portfolio on abroad Securities portfolio Head offices,branches&agencies Loans on special resources Miscellaneous

CLAIMS ON THE STATE

Treasury bonds(1) National borrowings(2) Deposits at CCP Claims taken on public enterpr. Claims taken over by the State


Loans on ordinary resources Current accounts receivable(R) Discount portfolio on Tunisia Leasing transactions Frozen claims and others(3) Loans to personnel Loans on special resources



Real estates Miscellaneous debtors Worthless securities Bank correspondents in Tunisia Securities to be encashed Miscellaneous & adjustments

TOTAL ASSETS


196 483 340 383 553 608 519 434 453

29758 29950 29464 28042 29319 30664 27822 28879 31137

1056 1354 2218 958 1385 988 2877 1309 12770 0 0 0 0 0 0 0 0

28702 28596 27246 27084 27934 29676 24945 27570 29860

68500 63206 48459 46789 51735 47647 49147 57087 51811

0 0 0 0 0 0 0 0 023204 15647 6664 6640 8540 7672 7156 10110 9233

0 0 0 0 0 0 0 0 07461 6961 2796 2467 5505 2312 4053 9016 4657

35535 35235 35235 35235 35235 35235 35235 35235 352350 0 0 0 0 0 0 0 0

650 0 0 0 0 0 0 0 01650 5363 3764 2447 2455 2428 2703 2726 2686

58166 79743 79871 82046 81898 80030 81244 79981 79811

153 156 120 120 0 103 103 85 850 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

58013 79587 79751 81926 81898 79927 81141 79896 79726

857415 717836 724134 714250 712048 714294 720179 715680 713442

732085 605801 615058 596904 596497 599837 611144 599373 5971782922 3944 4013 4060 6003 6958 6314 7351 7923

273710 294476 290845 284774 278154 276085 287167 278834 2774849365 15884 14131 16092 16271 15988 17323 18709 18327

440393 285609 302175 286069 290160 294897 294227 288366 2873315695 5888 3894 5909 5909 5909 6113 6113 6113

125330 112035 109076 117346 115551 114457 109035 116307 116264

211596 166863 164419 164861 165404 165438 165554 159990 159486

243955 305636 164409 176838 157587 153684 153894 160202 150520

35063 36002 36129 36166 37930 37949 37977 38045 380192444 5211 7090 5182 5295 5532 6052 6835 5719

586 564 560 1069 1069 1067 1100 1106 110357853 57542 80220 80697 70632 65818 60233 67808 59566

2754 1102 2020 12824 1355 1252 1568 1460 2336145255 205215 38390 40900 41306 42066 46964 44948 43777

1469586 1363717 1211096 1213209 1198544 1192365 1198359 1202253 1186660

2001 2002 2003 2003 2003 2003 2003 2003 2003A S S E T S


20


IV-1-B DEVELOPMENT BANKS'MONTHLY STATEMENT BY SECTOR

Monetary deposits

Companies&individuals Sight deposits Deposit banks & AEC

QUASI-MONEY DEPOSITS

Companies & individuals Forward depts & oth.fin.prdts Certificates of deposits Savings for investment Dep.in currency or conv.TND Debenture loans Other sums due to customers Deposit bks.& AEC

EXTERNAL LIABILITIES

Bank correspondents abroad Deposits of non residents Head offices, branches&agencies Miscellaneous (NR)

ADVANCES FROM THE BCT

Intervention / money market Other advances

SPECIAL RESOURCES


Capital Balance carried forward Reserves Provisions

OTHER ITEMS OF LIABILITIES

Bank correspondents in Tunisia Headoff.branc.&agenc.in Tun(net) Miscellaneous creditors Results (net) Accou.falling due after encash. Amortisation Miscellaneous and adjustements

TOTAL LIABILITIES


9294 9936 12746 11831 13026 13599 16234 16657 16187

9294 9935 12745 11830 13025 13599 16234 16657 161879294 9935 12745 11830 13025 13599 16234 16657 16187

0 1 1 1 1 0 0 0 0

148417 194510 230303 225981 219983 220239 207146 210974 198721

70677 79367 84184 79462 79214 78970 80055 77883 731753749 7142 8304 8406 7023 6205 6607 6608 6174

0 0 0 0 0 0 0 0 00 2 2 2 3 3 3 3 30 0 0 0 0 0 414 420 0

51958 64583 62916 62916 62916 62916 62916 61249 5724914970 7640 12962 8138 9272 9846 10115 9603 974977740 115143 146119 146519 140769 141269 127091 133091 125546

67641 57213 62348 52920 56290 54035 60010 66595 63673

20140 11648 17880 10230 12526 9919 17751 23107 1865846851 45565 44468 42690 43764 44116 42259 43488 45015

0 0 0 0 0 0 0 0 0650 0 0 0 0 0 0 0 0

100 0 0 0 128 0 0 0 0

0 0 0 0 0 0 0 0 0100 0 0 0 128 0 0 0 0

114091 115835 116878 116548 117473 114450 113740 113281 116784

827842 822025 786964 725171 723293 669711 629735 624514 619079

440000 439160 439160 439160 439160 439160 399160 399160 3991602466 2616 231 41 40 40 40 40 6

203772 238779 239165 186883 184799 130993 130745 130745 130779181604 141470 108408 99087 99294 99518 99790 94569 89134

302201 164198 1857 80758 68351 120331 171494 170232 172216

13000 7500 8500 11000 6900 5100 5200 6900 110000 0 0 0 0 0 0 0 0

8558 10439 7495 8756 7754 7590 13486 7706 76600 0 -148422 -96140 -94055 -40249 0 0 0

2931 1564 2124 13450 2190 2180 2046 2284 259517476 18376 18683 18820 18943 19040 19154 19249 19369

260236 126319 113477 124872 126619 126670 131608 134093 131592

1469586 1363717 1211096 1213209 1198544 1192365 1198359 1202253 1186660

2001 2002 2003 2003 2003 2003 2003 2003 2003L I A B I L I T I E S

21


IV-2-A LEASING COMPANIES' MONTHLY STATEMENT

CASH BALANCE

DEPOSITS AT THE CENTRAL BANK

Ordinary current accounts Interv.on the money market Accounts in foreign currency

FOREIGN ASSETS

Cash balance in for.currency Bank correspondents abroad Current acc.receivable (NR) Discount portfolio on abroad Securities portfolio Head off. branches & agencies Loans/special resources Miscellaneous

CLAIMS ON THE STATE

Investment bonds Treasury bonds (1) National borrowings (2) Deposits at CCP

LOANS TO THE ECONOMY Loans/ordinary resources Current accts receivable (R) Leasing transactions Discount portfolio on Tunisia Frozen claims and others (3) Loans to personnel Loans/special resources



Real estates Miscellaneous debtors Worthless securities Bank correspondents in Tunisia Securities to be encashed Miscell.(R) & adjustments

TOTAL ASSETS


29 36 30 79 28 29 50 29 31

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

1 1 1 1 1 1 1 1 1

0 0 0 0 0 0 0 0 01 1 1 1 1 1 1 1 10 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

779 3364 1800 200 0 300 800 600 300

0 0 0 0 0 0 0 0 0779 3364 1800 200 0 300 800 600 300

0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

973450 1044184 1043229 1065422 1063768 1059281 1065411 1070612 1072807973450 1044184 1043229 1065422 1063768 1059281 1065411 1070612 1072807

13790 12156 24231 17019 16686 18680 17280 15333 15544780382 780335 742229 760235 758157 745437 758855 760008 761291

0 402 917 1120 1422 1662 1624 1818 2244177417 249060 274126 284645 285100 291099 285153 290954 291229

1861 2231 1726 2403 2403 2403 2499 2499 24990 0 0 0 0 0 0 0 0

36081 35369 40752 48725 48727 38899 39143 38699 42480

88180 82533 105642 108079 107027 112318 102578 107665 108228

18122 20408 21333 21449 21837 21936 21888 22025 2220918015 13643 13495 16458 17306 15924 16191 14835 15721

2254 2585 2595 2496 2221 2375 2417 2660 253230603 22529 35507 37149 29640 42717 34488 38014 36932

1679 3679 2529 2850 5846 2440 2489 2240 265617507 19689 30183 27677 30177 26926 25105 27891 28178

1098520 1165487 1191454 1222506 1219551 1210828 1207983 1217606 1223847

2001 2002 2003 2003 2003 2003 2003 2003 2003A S S E T S


22


IV-2-B LEASING COMPANIES' MONTHLY STATEMENT

MONETARY DEPOSITS

Companies & individuals Sight deposits Deposit banks & Develop.banks

QUASI-MONEY DEPOSITS

Companies & individuals Forward depts.&oth.fin.products Certificates of deposits Commer.paper issued by TL Debenture loans Other sums due to customers Deposit banks & develop.banks

EXTERNAL LIABILITIES

Bank correspdts. abroad Miscellaneous(NR) Deposits of non residents Head off.branches & agencies

ADVANCES FROM THE BCT

Interv.on the money market Other advances Medium term discount

SPECIAL RESOURCES


Capital Balance carried forward Reserves Provisions

OTHER ITEMS OF LIABILITIES Bank correspondents in Tunisia Head off.bran&agenc.in.Tun(net) Miscellaneous creditors Results (net) Accounts fall.due after encash. Amortisation Miscellaneous (R)

TOTAL LIABILITIES


21312 22763 7872 13601 18433 24007 25723 22888 28215

0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

21312 22763 7872 13601 18433 24007 25723 22888 28215

614112 680171 657912 664422 655635 645567 646347 659999 655326

400035 478612 492852 494994 481761 470893 485107 494849 4752580 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

41200 95950 106305 111025 104100 100950 117200 121050 119795353991 378229 380875 378325 371599 363939 361839 367676 349076

4844 4433 5672 5644 6062 6004 6068 6123 6387214077 201559 165060 169428 173874 174674 161240 165150 180068

39014 35490 32191 32579 32845 30657 29672 24568 25016

39014 35490 32191 32579 32845 30657 29672 24568 250160 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

57935 64471 131155 129994 129831 127968 133934 133887 133887

211048 228983 234154 239395 240336 242313 243781 244650 246278

94433 101994 101835 101823 101824 101823 101813 101815 10180515709 16121 16473 15893 15893 15893 15893 15894 1589336279 36257 38925 40950 40950 40950 40949 41584 4158464627 74611 76921 80729 81669 83647 85126 85357 86996

155099 133609 128170 142515 142471 140316 128526 131614 1351250 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

70430 50428 48871 64093 64259 62186 54226 51888 55469-6231 -118 1625 -1461 -2540 -2540 -3421 -2953 -2953

0 0 0 0 0 0 0 0 04567 5388 5828 6076 6217 6388 6416 6492 6609

86333 77911 71846 73807 74535 74282 71305 76187 76000

1098520 1165487 1191454 1222506 1219551 1210828 1207983 1217606 1223847

2001 2002 2003 2003 2003 2003 2003 2003 2003L I A B I L I T I E S

23


V. RESIDENT FINANCIAL SYSTEM RESOURCES

M4 AGGREGATE



MONEY M1 Fiduciary money Bank money Companies & indiv'.deposits Deposits at the CCP

QUASI MONEY Companies & indiv'.deposits Deposit banks Develop. banks&AEC Deposits at the CEP

M3 - M2

Bonds & borrowings > 1 year Home savings Savings for projects Savings for investment

M4 - M3

State securit. held by pub.(1) Commercial paper (2)

SPECIAL RESOURCES


BCT Deposit banks Develop. banks & AEC

OTHER RESOURCES

Allocation of SDRs Other resources of BCT Other resources of deposit bks Other resources of dev.bks&AEC

TOTAL RESOURCES


18047960 18740722 19087343 19112726 19469634 19813434 19732930 19709840 19816683

17401974 18285363 18675279 18731476 19068584 19423234 19351530 19337540 19446433

16052220 16665913 17039296 17099474 17439650 17798184 17722281 17701283 17827055

6745071 6622661 6577093 6731000 6820046 7165333 7160539 6904570 69646042377599 2518067 2586819 2606537 2728772 2788287 2663731 2636633 27408454367472 4104594 3990274 4124463 4091274 4377046 4496808 4267937 42237593937405 3688557 3572122 3710984 3710122 3963939 4067645 3816174 3799555

430067 416037 418152 413479 381152 413107 429163 451763 424204

9307149 10043252 10462203 10368474 10619604 10632851 10561742 10796713 108624518373964 9029051 9411208 9317071 9568405 9583796 9509525 9739333 97937518309201 8913886 9277965 9183858 9441948 9460791 9369121 9595529 9651646

64763 115165 133243 133213 126457 123005 140404 143804 142105933185 1014201 1050995 1051403 1051199 1049055 1052217 1057380 1068700

1349754 1619450 1635983 1632002 1628934 1625050 1629249 1636257 1619378

695068 818753 803969 796912 790491 779831 777231 776401 753801647443 794045 825427 828447 831753 838511 845845 853597 859385

809 1236 1478 1539 1585 1623 1732 1763 17966434 5416 5109 5104 5105 5085 4441 4496 4396

645986 455359 412064 381250 401050 390200 381400 372300 370250

264936 53559 914 0 0 0 0 0 0381050 401800 411150 381250 401050 390200 381400 372300 370250

2377005 2710032 2863866 2832798 2869053 2865327 2842370 2863921 2892150

3936509 4177382 4224186 4230004 4239619 4191448 4160643 4165636 4179081

61768 88278 88583 88604 88623 88642 88663 88683 887032859942 3051088 3127477 3189826 3200359 3203774 3211456 3220781 32380131014799 1038016 1008126 951574 950637 899032 860524 856172 852365

725634 625799 609548 701403 688623 677850 887423 815562 777636

62828 62061 60732 61095 61094 61871 61741 62176 618751660933 1383698 1151704 1243272 1299839 1486520 1376603 1294327 1433554

-1406763 -1039114 -752452 -842827 -922404 -1174472 -880701 -867170 -1069078408636 219154 149564 239863 250094 303931 329780 326229 351285

25087108 26253935 26784943 26876931 27266929 27548059 27623366 27554959 27665550

2001 2002 2003 2003 2003 2003 2003 2003 2003R E S O U R C E S


24


AND THEIR COUNTERPARTS


Foreign assets BCT Deposit banks Develop.bks & other AEC

Minus : external liabilities BCT Deposit banks Develop.bks & AEC CEP

NET CLAIMS ON THE STATE (broad)

Net claims BCT/ State

BCT's claims / State Minus: State claims/BCT

Deposit bks'claims/State

Dev.bks& AEC.net claims/State

C/P companies&indiv.dep.at CCP

CEP's claims/State

State securit.held by public

FINANCING OF THE ECONOMY(broad)

Credits to the economy Loans of the BCT Loans of dep.bks Loans of Develop.bks & AEC Commercial paper

Securities portfolio Central bank of Tunisia Deposit banks Development banks & AEC

TOTAL COUNTERPARTS


1596822 1908784 2159092 2083318 2324730 2500424 2284403 2317542 2312307

3811035 4154399 4229665 4192568 4408940 4560353 4352324 4319281 44731612935027 3133939 3269129 3257225 3417558 3572417 3438967 3430724 3557280

807507 957253 912076 888553 939646 940288 864209 831469 86406968501 63207 48460 46790 51736 47648 49148 57088 51812

2214213 2245615 2070573 2109250 2084210 2059929 2067921 2001739 2160854271957 138754 104382 102317 139258 114857 130678 89477 101731

1826848 2006096 1863647 1913451 1847947 1852570 1839786 1813286 1962631106655 92703 94539 85499 89135 84692 89682 91163 88689

8753 8062 8005 7983 7870 7810 7775 7813 7803

3472214 3391375 3208896 3234193 3190249 3363412 3492218 3318937 3438548

289441 257647 185637 187579 183626 308411 366260 221486 324044

679692 676133 610505 674158 642471 612408 688845 630088 593263390251 418486 424868 486579 458845 303997 322585 408602 269219

1486887 1558762 1463522 1491503 1484504 1504699 1554759 1499914 1533686

58945 83107 81671 82246 81898 80330 82044 80581 80111

430067 416037 418152 413479 381152 413107 429163 451763 424204

941938 1022263 1059000 1059386 1059069 1056865 1059992 1065193 1076503

264936 53559 914 0 0 0 0 0 0

20018072 20953776 21416955 21559420 21751950 21684223 21846745 21918480 21914695

19018286 19770369 20171856 20297569 20488608 20427573 20571085 20631149 206046301419266 986342 762342 863342 952342 886442 727342 752342 772342

15387105 16620207 17231001 17273305 17359400 17377356 17676753 17720215 176757891830865 1762020 1767363 1779672 1775816 1773575 1785590 1786292 1786249

381050 401800 411150 381250 401050 390200 381400 372300 370250

999786 1183407 1245099 1261851 1263342 1256650 1275660 1287331 1310065105 105 105 105 105 105 105 105 105

776095 994062 1052815 1061152 1062098 1065200 1083850 1101529 1120986223586 189240 192179 200594 201139 191345 191705 185697 188974

25087108 26253935 26784943 26876931 27266929 27548059 27623366 27554959 27665550

2001 2002 2003 2003 2003 2003 2003 2003 2003C O U N T E R P A R T S

25


VI.1. OFFSHORE BANKS'MONTHLY STATEMENT BY SECTOR

CASH BALANCE

DEPOSITS AT THE BCT

Ordinary current accounts Intervention on the money market Accounts in foreign currency

FOREIGN ASSETS

Cash balance in foreign curren. Bank correspondents abroad Head off.branch.&agenci.abroad Current accounts receivable(NR) Discount portfolio on abroad Loans on special resources (NR) Securities portfolio Miscellaneous

CLAIMS ON THE STATE


Loans on ordinary resources Current accounts receivable(R) Leasing transactions Discount portfolio on Tunisia Adv/forwd.accnts.&cash voucher Syndicated loans Loans to personnel Frozen claims and others

Loans on special resources



Real estates Miscellaneous debtors Worthless securities Bank correspondents in Tunisia Securities to be encashed Non reserved items&adjustments

TOTAL ASSETS


756 720 1310 1500 994 1507 1330 1831 1638

48366 28131 21771 26458 28264 28292 35349 34729 35874

2012 449 904 982 1598 772 3168 413 13120 0 0 0 0 0 0 0 0

46354 27682 20867 25476 26666 27520 32181 34316 34562

856951 955881 797226 825636 884689 898650 876609 902706 861932

3080 4780 5556 3764 4094 4111 4478 3874 3627611662 640637 519521 556465 594836 631552 609085 635869 590237

0 0 787 0 835 956 59 4 96321812 21052 25902 26194 26098 25779 28489 26779 26397

103494 180156 120667 111438 123227 106715 102425 102382 1126090 0 0 0 0 0 0 0 0

50195 39797 40877 38318 39613 40086 46800 46467 4576766708 69459 83916 89457 95986 89451 85273 87331 82332

1695 1590 1554 1552 1554 1460 1461 1461 1460

510670 472445 494325 488368 490077 480801 466823 468177 457997

510670 472445 494325 488368 490077 480801 466823 468177 457997697 1390 1131 1020 1032 776 754 724 714302 110 159 150 150 131 121 112 102

307571 235868 260052 257841 252582 238552 226380 223937 2248010 0 0 0 0 0 242 324 328

117773 125745 129374 128076 130070 136179 133556 134192 1329863029 3296 3307 3441 3441 3441 3560 3560 3560

81298 106036 100302 97840 102802 101722 102210 105328 95506

0 0 0 0 0 0 0 0 0

114127 149036 137110 138602 139254 146341 145934 147329 145675

555917 446424 450000 502258 424525 416946 354636 352166 354096

47823 45196 43133 44067 44364 45129 43694 44027 4340112039 3208 3997 7040 4922 3353 2794 2966 5906

0 0 0 0 0 0 0 0 0439359 349451 349193 398177 332968 331912 270895 272281 267370

7143 3038 7481 14955 8119 4557 5096 4817 472049553 45531 46196 38019 34152 31995 32157 28075 32699

2088482 2054227 1903296 1984374 1969357 1973997 1882142 1908399 1858672

2001 2002 2003 2003 2003 2003 2003 2003 2003A S S E T S

26


VI.2. OFFSHORE BANKS'MONTHLY STATEMENT BY SECTOR

MONETARY DEPOSITS Companies and individuals Sight deposits Deposit banks&Develop. banks

QUASI-MONEY DEPOSITS Companies and individuals Forward dep.&other fin.products Certificates of deposits Commerc.paper issued by CNEL&TL Savings accounts Savings accounts for projects Savings accounts for investment Bonds and borrowings > 1 year Other sums due to customers Dep.banks, Develop.banks & AEC

EXTERNAL LIABILITIES Bank correspond.abroad Miscellaneous creditors(NR) Headoffices,branch.&agenc.abroad Non residents'deposits Miscellaneous (NR)

ADVANCES FROM THE CENTRAL BANK Intervention on the money market Other advances

SPECIAL RESOURCES

CAPITAL STOCK EQUITY Capital Provisions Reserves Balance carried forward

OTHER ITEMS OF LIABILITIES Bank correspondents in Tunisia Headoff.bran.&agenc.in Tun.(net) Miscellaneous creditors Results (net) Accounts fall. due after encash. Amortisation Non reserved items & adjust.

TOTAL LIABILITIES


38525 103202 98594 115599 42735 17715 18299 23264 2259215059 19340 13001 13484 13837 13743 13872 11534 1289115059 19340 13001 13484 13837 13743 13872 11534 1289123466 83862 85593 102115 28898 3972 4427 11730 9701

301222 337400 273207 262417 318585 367944 312819 326243 30526588178 87148 88100 87967 86663 85577 86086 85723 8592773861 68884 69805 69730 70360 70427 70736 69538 69720

0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

12977 14910 14940 14722 14593 14514 14569 14566 147170 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

1340 3354 3355 3515 1710 636 781 1619 1490213044 250252 185107 174450 231922 282367 226733 240520 219338

981321 926347 861796 899470 904876 886080 866182 859484 853523555541 428304 342535 387732 376966 361997 332592 327304 310851

0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0

406063 481350 502568 495045 511217 507390 516897 515487 52720119717 16693 16693 16693 16693 16693 16693 16693 15471

103420 111550 117608 114908 115845 111082 114627 114007 1176100 0 0 0 0 0 0 0 0

103420 111550 117608 114908 115845 111082 114627 114007 117610

0 0 0 0 0 0 0 0 0

381796 372255 354004 361589 367059 372505 359635 360385 355374200105 181922 170511 174032 175333 178648 171935 172993 170006

86515 102071 92446 94528 95452 96946 92516 93127 9192950790 50406 48831 51510 51809 52339 53588 52616 5201744386 37856 42216 41519 44465 44572 41596 41649 41422

282198 203473 198087 230391 220257 218671 210580 225016 204308118688 89896 62811 88805 83316 85024 64807 73746 67065

80 0 0 0 0 0 0 0 08776 2137 1629 6387 6804 3784 5425 2537 3509

22 0 8467 3114 286 292 369 372 3659949 4243 7797 15298 8103 5033 5023 5417 5258

20612 20831 20743 21310 21665 22290 21620 22007 21866124071 86366 96640 95477 100083 102248 113336 120937 106245

2088482 2054227 1903296 1984374 1969357 1973997 1882142 1908399 1858672

2001 2002 2003 2003 2003 2003 2003 2003 2003L I A B I L I T I E S

27


VII. OVERALL FINANCIAL SYSTEM'S RESOURCES

M4 AGGREGATE



MONEY M1 Fiduciary money Bank money Cpanies&individuals'deposits Deposits at CCP

QUASI-MONEY Cpanies&individuals'deposits Deposit banks Develop.bks.& AEC Offshore banks Deposits at CEP

M3 - M2

Bonds & borrowings > 1 year Home savings Savings for projects Savings for investment

M4 - M3

State securit. held by pub.(1) Commercial paper (2)

SPECIAL RESOURCES


BCT Deposit banks Develop.banks& AEC. Offshore banks

OTHER RESOURCES

Allocation of SDRs Other resources of BCT. Other resources of dep.bks. Other reso.of Dev.banks&AEC Other reso.of offshore banks

TOTAL RESOURCES


18146376 18843607 19183733 19207472 19566283 19907776 19824448 19799612 19910282

17500390 18388248 18771669 18826222 19165233 19517576 19443048 19427312 19540032

16150636 16768798 17135686 17194220 17536299 17892526 17813799 17791055 17920654

6755309 6638398 6585383 6737779 6830032 7174098 7165971 6908619 69722762376843 2517347 2585509 2605037 2727778 2786780 2662401 2634802 27392074378466 4121051 3999874 4132742 4102254 4387318 4503570 4273817 42330693948399 3705014 3581722 3719263 3721102 3974211 4074407 3822054 3808865

430067 416037 418152 413479 381152 413107 429163 451763 424204

9395327 10130400 10550303 10456441 10706267 10718428 10647828 10882436 109483788462142 9116199 9499308 9405038 9655068 9669373 9595611 9825056 98796788309201 8913886 9277965 9183858 9441948 9460791 9369121 9595529 9651646

64763 115165 133243 133213 126457 123005 140404 143804 14210588178 87148 88100 87967 86663 85577 86086 85723 85927

933185 1014201 1050995 1051403 1051199 1049055 1052217 1057380 1068700

1349754 1619450 1635983 1632002 1628934 1625050 1629249 1636257 1619378

695068 818753 803969 796912 790491 779831 777231 776401 753801647443 794045 825427 828447 831753 838511 845845 853597 859385

809 1236 1478 1539 1585 1623 1732 1763 17966434 5416 5109 5104 5105 5085 4441 4496 4396

645986 455359 412064 381250 401050 390200 381400 372300 370250

264936 53559 914 0 0 0 0 0 0381050 401800 411150 381250 401050 390200 381400 372300 370250

2377005 2710032 2863866 2832798 2869053 2865327 2842370 2863921 2892150

4318305 4549637 4578190 4591593 4606678 4563953 4520278 4526021 4534455

61768 88278 88583 88604 88623 88642 88663 88683 887032859942 3051088 3127477 3189826 3200359 3203774 3211456 3220781 32380131014799 1038016 1008126 951574 950637 899032 860524 856172 852365

381796 372255 354004 361589 367059 372505 359635 360385 355374

747544 803264 727573 799756 835613 852175 1060915 1025594 942204

62828 62061 60732 61095 61094 61871 61741 62176 618751664998 1386581 1155105 1248477 1302696 1489991 1383713 1299981 1437135

-1406763 -1039114 -752452 -842827 -922404 -1174472 -880701 -867170 -1069078408636 219154 149564 239863 250094 303931 329780 326229 351285

17845 174582 114624 93148 144133 170854 166382 204378 160987

25589230 26906540 27353362 27431619 27877627 28189231 28248011 28215148 28279091

2001 2002 2003 2003 2003 2003 2003 2003 2003R E S O U R C E S


28


AND THEIR COUNTERPARTS


Foreign assets BCT Deposit banks Develop.banks & AEC. offshore banks

Minus : external liabilities BCT Deposit banks Dev.bks & AEC. Offshore banks CEP

NET CLAIMS/STATE(broad)

Net claims of BCT /State Central bank's claims/State Minus: State claims/BCT

Deposit bks'claims/State

Dev.bkS&AIS'.net claims/State

Offshore bks'claims/State

C/P.companies&indiv.dep.at CCP

CEP'claims/State

State securities held by public

FINANCING OF THE ECONOMY(broad)

Credits to the economy Loans of BCT Loans of deposit bks Loans of Dev.bks& AEC Loans of offshore bks Commercial paper

Securities portfolio BCT Deposit banks Develop.banks & AEC. Offshore banks

TOTAL COUNTERPARTS


1472452 1938318 2094522 2009484 2304543 2512994 2294830 2360764 2320716

4667986 5110280 5026891 5018204 5293629 5459003 5228933 5221987 53350932935027 3133939 3269129 3257225 3417558 3572417 3438967 3430724 3557280

807507 957253 912076 888553 939646 940288 864209 831469 86406968501 63207 48460 46790 51736 47648 49148 57088 51812

856951 955881 797226 825636 884689 898650 876609 902706 861932

3195534 3171962 2932369 3008720 2989086 2946009 2934103 2861223 3014377271957 138754 104382 102317 139258 114857 130678 89477 101731

1826848 2006096 1863647 1913451 1847947 1852570 1839786 1813286 1962631106655 92703 94539 85499 89135 84692 89682 91163 88689981321 926347 861796 899470 904876 886080 866182 859484 853523

8753 8062 8005 7983 7870 7810 7775 7813 7803

3473909 3392965 3210450 3235745 3191803 3364872 3493679 3320398 3440008

289441 257647 185637 187579 183626 308411 366260 221486 324044679692 676133 610505 674158 642471 612408 688845 630088 593263390251 418486 424868 486579 458845 303997 322585 408602 269219

1486887 1558762 1463522 1491503 1484504 1504699 1554759 1499914 1533686

58945 83107 81671 82246 81898 80330 82044 80581 80111

1695 1590 1554 1552 1554 1460 1461 1461 1460

430067 416037 418152 413479 381152 413107 429163 451763 424204

941938 1022263 1059000 1059386 1059069 1056865 1059992 1065193 1076503

264936 53559 914 0 0 0 0 0 0

20642869 21575257 22048390 22186390 22381281 22311365 22459502 22533986 22518367

19528956 20242814 20666181 20785937 20978685 20908374 21037908 21099326 210626271419266 986342 762342 863342 952342 886442 727342 752342 772342

15387105 16620207 17231001 17273305 17359400 17377356 17676753 17720215 176757891830865 1762020 1767363 1779672 1775816 1773575 1785590 1786292 1786249

510670 472445 494325 488368 490077 480801 466823 468177 457997381050 401800 411150 381250 401050 390200 381400 372300 370250

1113913 1332443 1382209 1400453 1402596 1402991 1421594 1434660 1455740105 105 105 105 105 105 105 105 105

776095 994062 1052815 1061152 1062098 1065200 1083850 1101529 1120986223586 189240 192179 200594 201139 191345 191705 185697 188974114127 149036 137110 138602 139254 146341 145934 147329 145675

25589230 26906540 27353362 27431619 27877627 28189231 28248011 28215148 28279091

2001 2002 2003 2003 2003 2003 2003 2003 2003C O U N T E R P A R T S

29

I - AGRICULTURE AND FISHING II - INDUSTRY 1- Mining 2- Energy a- Oil products b- Electricity c- Other energy and water 3- Manufacturing industries a- Agricul.&agrofood industries b- Building materials/ceramics/ glass c- Mechanical&electr.industries d- Chemicals and rubber e- Textile f- Clothing and leather g- Wood, cork and furniture h- Paper and print 4- Construction&civil engineer. III - SERVICES 1- Transport 2- Tourism 3- Trade a- Trade in agricultural & agrofood products b- Trade in raw materials, materials and fuel c- Agricultural machinery, equipment, vehicules and hardware d- Trade in textile & leather e- Miscellaneaous trade f- Buyer credits 4- Other services of which: management&selling of real estates TOTAL OF COUNTED LOANS

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002

814419 925525 1000939 1031106 1095943 1154208 1123632 1191267 1171857 1156850

4032542 4284878 4574080 4933000 5291183 5763188 6144402 6626800 7051896 7052955

79602 64976 84827 90509 51847 33188 21814 17077 23986 8965

24881 42227 51351 67071 107629 118228 135953 244038 213444 200249

9172 20386 19076 25322 46322 54224 58358 99731 74699 6408565 3363 4694 877 15273 18399 33212 101364 92485 79841

15644 18478 27581 40872 46034 45605 44383 42943 46260 56323

3503171 3728255 3972412 4232395 4547735 4998467 5310711 5539292 5949459 5983225

635446 710216 831594 929290 1058529 1208414 1413177 1477585 1564911 1642946

489130 503031 544040 615337 663349 710198 732315 736078 818700 846876834150 897051 948336 991535 1059029 1200549 1194190 1304876 1456546 1362407530014 528203 461279 441148 444311 455888 475693 503502 511121 565891338700 354999 376680 409297 415092 433538 419989 359023 346456 296423330381 346873 388949 407229 423214 469982 509761 530281 556056 571072113107 117742 126572 139990 162961 176015 191924 217584 249288 241837232243 270140 294962 298569 321250 343883 373662 410363 446381 455773

424888 449420 465490 543025 583972 613305 675924 826393 865007 860516

4089643 4899098 5459078 5936369 6747934 7533825 8716840 10264614 11689897 10097973

219247 257170 286251 331723 400073 480272 558093 689819 727151 679385

1126824 1352894 1659779 1967331 2226194 2533166 2715584 2919541 3132490 3321628

1912218 1942417 1979985 1753350 1929473 2008215 2368552 2873121 3232543 3173506

1001593 963760 897259 557369 562498 468193 554243 738322 714959 689474

277821 301126 333919 343237 387306 416165 476380 548551 617075 615795

226765 258617 258814 283699 318681 361474 411302 467146 531100 52016881822 92269 110059 114382 136081 161640 178844 205916 234397 228600

324217 326645 376044 450339 522382 589730 746722 912703 1134564 11189783890 4324 2525 11013 1061 483 448 491

831354 1346617 1533063 1883965 2192194 2512172 3074611 3782133 4597713 2923454

831354 872249 901543 1047718 1213584 1298104 1550879 1888764 2392332 1538430

8936604 10109501 11034097 11900475 13135060 14451221 15984874 18082681 19913650 18307778

30

VIII-1 TOTAL LOANS COUNTED BY

A C T I V I T I E S

Dec. Jan. Feb. March April May June July Aug. Sep. Oct. Nov.

1156850 1153098 1142718 1145802 1139250 1138698 1142261 1137600 1110147 1102283 1102437 1106060

7052955 7066020 7048507 7048194 7154067 7134527 7136267 7204624 7121655 7131109 7199465 7172792

8965 9762 17170 8918 8914 9025 13183 13622 9508 10254 9128 9175

200249 198917 224140 220287 237394 233762 236848 270891 263176 276389 282172 261894

64085 65971 65661 65008 61571 61147 62373 70878 59756 73518 81766 6185779841 82946 106425 105518 120138 119571 118907 139535 142149 143283 141618 14041256323 50000 52054 49761 55685 53044 55568 60478 61271 59588 58788 59625

5983225 5997074 5944857 5950617 6016307 6001007 6001125 6014577 5939064 5918902 5973962 5963632

1642946 1637201 1604829 1598172 1596322 1558777 1577558 1580595 1557209 1554138 1593292 1589960

846876 853566 861909 867621 878330 869736 879126 891884 878492 881949 886457 8838941362407 1359035 1352555 1358726 1389730 1417125 1394550 1382494 1357328 1342574 1360057 1366820

565891 581960 572737 581329 594282 596217 603254 607281 600163 602720 601558 602455296423 289895 285602 283670 283197 285809 277715 273132 274596 270782 273076 271233571072 578304 576451 571153 579355 582127 577370 582529 576593 569533 568922 564705241837 241603 235527 234612 229260 229104 227785 229267 228159 231423 231173 230947455773 455510 455247 455334 465831 462112 463767 467395 466524 465783 459427 453618

860516 860267 862340 868372 891452 890733 885111 905534 909907 925564 934203 938091

10097973 9764065 9785253 9848352 9758494 9614143 9697522 9780556 9842642 9907969 9880129 9871649

679385 680446 676622 664641 672699 674726 674464 673381 671488 670539 670107 656699

3321628 3365206 3390557 3429434 3360736 3228778 3234298 3262668 3252830 3246701 3261529 3259506

3173506 3228928 3183722 3171550 3213090 3205176 3237767 3276056 3395831 3481070 3450089 3411358

689474 724596 705765 699965 696148 682395 692720 743782 874249 944276 894987 862639

615795 627435 616306 614026 622699 627144 641976 639296 635100 645924 656346 645191

520168 524923 517367 516017 528180 529228 527889 516197 504146 510038 515121 524501228600 235417 232104 234897 240732 240862 248310 244227 240811 242974 243745 238555

1118978 1116106 1111729 1106029 1124708 1124938 1126267 1125697 1134433 1137265 1139251 1139823491 451 451 616 623 609 605 6857 7092 593 639 649

2923454 2489485 2534352 2582727 2511969 2505463 2550993 2568451 2522493 2509659 2498404 2544086

1538430 1112934 1134703 1166333 1143014 1136591 1171572 1170380 1160432 1139357 1149668 1149883

18307778 17983183 17976478 18042348 18051811 17887368 17976050 18122780 18074444 18141361 18182031 18150501

31

2002 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003

THE RISK BASE AND BROKEN DOWN BY BRANCH OF ECONOMIC ACTIVITY (1)

(Figures of end of period : In thousand dinars)



1993 1994 1995 1996 1997 1998 1999 2000 2001 2002

239577 289325 461028 467467 513221 533460 551549 582580 550012 539293

2876593 3089703 3322908 3601790 3809753 3983296 4169833 4391052 4617192 4551851

63808 49656 71025 78903 40553 24896 15531 12323 19209 6024

8315 22982 28323 35201 41093 32938 40833 92958 63987 58192

4214 13799 14119 20737 25160 12780 10512 41515 15382 1427163 3359 4613 798 912 1989 11935 35158 28825 12760

4038 5824 9591 13666 15021 18169 18386 16285 19780 31161

2449595 2641460 2844089 3051930 3257283 3448109 3609011 3700841 3945640 3900569

430693 465093 554339 606636 693566 746283 884352 935474 1000982 1072513

312334 335658 360729 408258 427649 425599 419748 395815 423759 442096612896 678461 731642 788581 839723 942621 936064 992286 1091049 943118420084 415127 343820 322312 301043 288488 301604 326066 329331 358118208965 229461 256237 284235 304677 319384 313077 262314 261046 227894233316 250938 294262 315783 332625 358927 377531 378693 386799 40263485073 91611 100125 115346 132756 136213 138638 149933 177667 173023

146234 175111 202935 210779 225244 230594 237997 260260 275007 281173

354875 375605 379471 435756 470824 477353 504458 584930 588356 587066

2230471 2535307 2427660 2918462 3262555 3593454 4110945 4800434 5162471 4608512

90010 110107 127959 157521 178961 205723 215160 276283 264838 250997

248508 309359 413218 516989 630724 806280 906655 947080 940806 1004242

1734370 1678323 1347922 1513675 1620004 1642847 1918473 2260357 2406901 2302138

974570 850138 441083 516591 512482 406827 476593 633854 552058 486334

231858 262443 284013 295400 308437 329016 382966 415611 442104 438404

180534 213056 204934 220671 248570 282325 322928 356469 406944 38459475658 84464 101231 103626 118974 133234 138015 150271 168666 170232

271750 268222 316661 376205 431495 482138 597838 704117 837115 8225341182 46 9307 133 35 14 40

157583 437518 538561 730277 832866 938604 1070657 1316714 1549926 1051135

157583 173667 173457 236913 265254 240054 263832 301601 380068 410280

5346641 5914335 6211596 6987719 7585529 8110210 8832327 9774066 10329675 9699656

32

VIII-2 SHORT TERM CREDITS COUNTED BY

A C T I V I T I E S


539293 538776 518889 520758 510434 507899 508214 502256 486564 479530 484384 491207

4551851 4589879 4560973 4563228 4677258 4658732 4614056 4706712 4630029 4608003 4671074 4632201

6024 6895 14343 6144 6248 6317 10470 11015 6911 7708 6714 6727

58192 54556 80023 83376 96535 94798 91591 126614 113824 118686 121716 105455

14271 17036 16603 21682 19030 17498 17130 25375 13633 20328 26995 763812760 11845 35643 35259 49580 51334 48490 69169 70589 71276 68610 7078431161 25675 27777 26435 27925 25966 25971 32070 29602 27082 26111 27033

3900569 3940131 3874920 3873447 3949142 3935727 3899134 3934282 3870212 3825348 3878418 3851899

1072513 1073858 1040386 1034943 1033394 996548 1014287 1025182 1011682 1005883 1051654 1044657

442096 455390 462578 465002 476116 464109 454175 468623 450721 439904 445464 447871943118 943154 935432 936465 966703 993464 964329 963336 940926 919258 935595 927742358118 376453 358138 365403 383520 387176 394035 393674 386994 388617 376776 377186227894 223200 219527 218539 219876 220479 210314 208101 210445 205350 209271 207347402634 410818 409783 404065 415165 417732 409151 414683 410913 404760 406580 397921173023 173723 167766 167256 162724 162438 159482 161473 161006 164475 164284 164403281173 283535 281310 281774 291644 293781 293361 299210 297525 297101 288794 284772

587066 588297 591687 600261 625333 621890 612861 634801 639082 656261 664226 668120

4608512 4745934 4782701 4813954 4796060 4746157 4742020 4876041 4960615 5054750 5061551 5073647

250997 258482 261368 257854 272514 271348 271424 275755 274915 276613 281033 275825

1004242 1056643 1098959 1135840 1107193 1028082 997807 1031140 1037323 1036361 1062024 1070718

2302138 2365179 2320010 2315942 2360708 2361955 2373042 2415716 2545036 2627764 2604685 2570909

486334 524224 500834 496663 494103 480191 488123 544002 675220 748541 699448 667414

438404 451719 443793 445618 451994 459949 475206 469570 466607 478715 489458 481264

384594 389342 383068 382354 394688 398664 396670 386416 381160 386489 393677 403063170232 177676 175812 177377 183357 184674 186890 183805 181737 182337 183866 177355822534 822218 816503 813765 836394 838312 825992 825510 833664 831533 838085 841664

40 165 172 165 161 6413 6648 149 151 1491051135 1065630 1102364 1104318 1055645 1084772 1099747 1153430 1103341 1114012 1113809 1156195

410280 416323 429145 415632 424630 431688 437210 450138 442957 444640 464765 474177

9699656 9874589 9862563 9897940 9983752 9912788 9864290 10085009 10077208 10142283 10217009 10197055

33

2002 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003





1993 1994 1995 1996 1997 1998 1999 2000 2001 2002

574842 636200 539911 563639 582722 620748 572083 608687 621845 617557

1155949 1195175 1251172 1331210 1481430 1779892 1974569 2235748 2434704 2501104

15794 15320 13802 11606 11294 8292 6283 4754 4777 2941

16566 19245 23028 31870 66536 85290 95120 151080 149457 142057

4958 6587 4957 4585 21162 41444 47846 58216 59317 498142 4 81 79 14361 16410 21277 66206 63660 67081

11606 12654 17990 27206 31013 27436 25997 26658 26480 25162

1053576 1086795 1128323 1180465 1290452 1550358 1701700 1838451 2003819 2082656

204753 245123 277255 322654 364963 462131 528825 542111 563929 570433

176796 167373 183311 207079 235700 284599 312567 340263 394941 404780221254 218590 216694 202954 219306 257928 258126 312590 365497 419289109930 113076 117459 118836 143268 167400 174089 177436 181790 207773129735 125538 120443 125062 110415 114154 106912 96709 85410 6852997065 95935 94687 91446 90589 111055 132230 151588 169257 16843828034 26131 26447 24644 30205 39802 53286 67651 71621 6881486009 95029 92027 87790 96006 113289 135665 150103 171374 174600

70013 73815 86019 107269 113148 135952 171466 241463 276651 273450

1859172 2363791 3031418 3017907 3485379 3940371 4605895 5464180 6527426 5489461

129237 147063 158292 174202 221112 274549 342933 413536 462313 428388

878316 1043535 1246561 1450342 1595470 1726886 1808929 1972461 2191684 2317386

177848 264094 632063 239675 309469 365368 450079 612764 825642 871368

27023 113622 456176 40778 50016 61366 77650 104468 162901 203140

45963 38683 49906 47837 78869 87149 93414 132940 174971 177391

46231 45561 53880 63028 70111 79149 88374 110677 124156 1355746164 7805 8828 10756 17107 28406 40829 55645 65731 58368

52467 58423 59383 74134 90887 107592 148884 208586 297449 2964443890 3142 2479 1706 928 448 434 451

673771 909099 994502 1153688 1359328 1573568 2003954 2465419 3047787 1872319

673771 698582 728086 810805 948330 1058050 1287047 1587163 2012264 1128150

3589963 4195166 4822501 4912756 5549531 6341011 7152547 8308615 9583975 8608122

34

VIII-3 MIDDLE AND LONG TERM CREDITS COUNTED BY

A C T I V I T I E S


617557 614322 623829 625044 628816 630799 634047 635344 623583 622753 618053 614853

2501104 2476141 2487534 2484966 2476809 2475795 2522211 2497912 2491626 2523106 2528391 2540591

2941 2867 2827 2774 2666 2708 2713 2607 2597 2546 2414 2448

142057 144361 144117 136911 140859 138964 145257 144277 149352 157703 160456 156439

49814 48935 49058 43326 42541 43649 45243 45503 46123 53190 54771 5421967081 71101 70782 70259 70558 68237 70417 70366 71560 72007 73008 6962825162 24325 24277 23326 27760 27078 29597 28408 31669 32506 32677 32592

2082656 2056943 2069937 2077170 2067165 2065280 2101991 2080295 2068852 2093554 2095544 2111733

570433 563343 564443 563229 562928 562229 563271 555413 545527 548255 541638 545303

404780 398176 399331 402619 402214 405627 424951 423261 427771 442045 440993 436023419289 415881 417123 422261 423027 423661 430221 419158 416402 423316 424462 439078207773 205507 214599 215926 210762 209041 209219 213607 213169 214103 224782 225269

68529 66695 66075 65131 63321 65330 67401 65031 64151 65432 63805 63886168438 167486 166668 167088 164190 164395 168219 167846 165680 164773 162342 166784

68814 67880 67761 67356 66536 66666 68303 67794 67153 66948 66889 66544174600 171975 173937 173560 174187 168331 170406 168185 168999 168682 170633 168846

273450 271970 270653 268111 266119 268843 272250 270733 270825 269303 269977 269971

5489461 5018131 5002552 5034398 4962434 4867986 4955502 4904515 4882027 4853219 4818578 4798002

428388 421964 415254 406787 400185 403378 403040 397626 396573 393926 389074 380874

2317386 2308563 2291598 2293594 2253543 2200696 2236491 2231528 2215507 2210340 2199505 2188788

871368 863749 863712 855608 852382 843221 864725 860340 850795 853306 845404 840449

203140 200372 204931 203302 202045 202204 204597 199780 199029 195735 195539 195225

177391 175716 172513 168408 170705 167195 166770 169726 168493 167209 166888 163927

135574 135581 134299 133663 133492 130564 131219 129781 122986 123549 121444 12143858368 57741 56292 57520 57375 56188 61420 60422 59074 60637 59879 61200

296444 293888 295226 292264 288314 286626 300275 300187 300769 305732 301166 298159451 451 451 451 451 444 444 444 444 444 488 500

1872319 1423855 1431988 1478409 1456324 1420691 1451246 1415021 1419152 1395647 1384595 1387891

1128150 696611 705558 750701 718384 704903 734362 720242 717475 694717 684903 675706

8608122 8108594 8113915 8144408 8068059 7974580 8111760 8037771 7997236 7999078 7965022 7953446

35

2002 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003 2003




IX-1-A. NUMBER OF CHEQUES HANDLED IN THE CLEARING HOUSES (1)

1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 January 2002 2 fst months 3 fst months 4 fst months 5 fst months 6 fst months 7 fst months 8 fst months 9 fst months 10 fst months 11 fst months 12 months January 2003 2 fst months 3 fst months 4 fst months 5 fst months 6 fst months 7 fst months 8 fst months 9 fst months 10 fst months 11 fst months 12 months

2866.8 691.1 534.2 239.7 344.1 170.5 < < < < < < 4846.43331.9 800.1 610.1 261.5 428.9 179.6 < < < < < < 5612.13486.6 836.8 679.6 276.6 516.6 191.6 53.1 < < < < < 6040.93735.4 866.9 715.7 281.0 549.0 195.3 62.3 23.2 < < < < 6428.83979.1 955.4 788.8 299.8 640.2 213.3 64.1 40.8 < < < < 6981.54578.6 1141.9 913.5 340.6 741.5 256.9 71.6 45.1 113.9 14.4 < < 8218.05318.7 1218.2 1004.4 375.6 808.3 255.3 74.7 51.2 152.2 43.3 22.1 < 9324.05840.4 1368.4 882.2 426.9 902.6 281.0 84.9 54.4 163.5 49.8 100.1 263.9 10418.16174.1 1563.5 774.6 466.4 953.8 306.0 92.6 59.2 178.9 62.0 115.5 463.4 11210.06146.0 882.6 489.6 870.1 1421.1 705.2 100.4 59.5 196.5 69.7 117.8 512.1 11570.66322.4 1130.5 663.6 796.5 1399.2 627.9 111.7 63.1 198.3 76.4 128.5 557.4 12075.56436.2 1844.8 1039.6 549.0 1170.8 358.0 114.5 62.6 205.5 80.0 129.2 710.5 12700.76936.4 1963.9 1114.2 580.5 1237.1 374.6 121.7 73.3 211.2 84.2 135.9 786.8 13619.88146.2 2307.5 1154.8 460.0 1123.4 342.1 114.3 51.7 179.7 157.5 234.6 810.8 15082.67229.9 2439.8 1140.3 414.2 1107.2 325.1 102.3 45.6 170.7 169.8 247.3 783.9 14176.18860.5 2575.5 1210.3 428.5 1239.4 331.1 100.1 45.7 178.9 180.1 264.5 832.7 16247.39046.6 2720.8 1304.4 439.4 1272.1 344.5 99.9 44.6 182.5 204.1 279.7 885.7 16824.39235.4 2806.4 1368.1 446.9 1331.8 362.8 99.2 43.1 177.4 207.2 285.8 938.6 17302.77374.6 2888.9 1371.1 461.6 1365.3 374.4 108.0 44.4 194.7 216.0 298.2 970.7 15667.9

15232.7 1030.1 525.0 117.0 584.6 146.3 46.2 15.8 68.0 106.4 132.6 407.4 18412.118884.0 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 19052.3

910.7 265.1 131.2 37.3 115.8 33.8 9.7 3.9 18.4 19.5 26.6 87.1 1659.11701.5 466.2 236.1 50.4 206.0 59.7 16.9 6.7 28.3 34.3 46.6 153.9 3006.62651.7 678.5 290.8 63.9 306.4 86.7 24.6 9.0 37.4 50.5 67.8 212.8 4480.13929.6 770.7 352.1 79.5 421.9 105.8 33.3 11.0 47.9 69.2 89.7 259.8 6170.55229.4 853.0 410.7 93.9 477.7 119.8 38.9 12.7 57.0 84.9 109.3 304.7 7792.06393.2 907.3 450.8 103.7 508.5 128.2 41.0 13.8 61.3 92.1 121.1 335.0 9156.08048.0 928.4 464.4 105.9 520.4 130.8 41.6 14.2 62.3 95.1 123.1 346.2 10880.49396.7 945.5 474.9 107.6 533.7 134.0 42.3 14.4 63.2 97.5 124.9 357.1 12291.8

10775.5 963.6 484.9 109.8 546.1 136.7 43.1 14.6 64.5 99.8 126.5 377.9 13743.012398.5 987.1 501.1 112.2 561.5 140.2 44.2 15.0 65.6 102.1 128.7 388.4 15444.613685.1 1006.3 511.8 114.7 572.5 142.8 44.9 15.3 66.7 104.0 130.1 397.0 16791.215232.7 1030.1 525.0 117.0 584.6 146.3 46.2 15.8 68.0 106.4 132.6 407.4 18412.1

1581.0 18.4 16.6 2.0 13.4 2.8 1.0 0.3 0.9 1.8 2.1 7.4 1647.72868.1 32.9 27.2 3.6 22.9 5.2 1.5 0.6 1.7 3.3 3.3 13.8 2984.14313.7 45.2 33.2 5.4 33.3 7.4 1.9 0.8 2.3 5.1 4.4 19.8 4472.55955.8 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 6124.17517.5 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 7685.89140.9 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 9309.2

10925.6 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 11093.912352.6 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 12520.914046.3 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 14214.615783.3 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 15951.617045.5 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 17213.818884.0 48.2 34.9 5.7 35.6 7.8 2.0 0.8 2.4 5.5 4.6 20.8 19052.3

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The footnote of this page is explained in the methodological pages36

(In thousands)

IX-1-B. VALUES OF CHEQUES HANDLED IN THE CLEARING HOUSES (1)


5147.1 443.2 351.0 212.6 163.4 128.1 < < < < < < 6445.45654.0 570.0 433.6 270.5 226.1 149.2 < < < < < < 7303.46112.8 607.6 493.1 263.7 300.4 162.0 38.5 < < < < < 7978.16150.7 639.5 523.1 261.6 315.6 164.3 48.1 18.8 < < < < 8121.76827.0 694.5 602.8 267.6 375.4 161.5 49.4 33.6 < < < < 9011.88092.4 890.1 744.2 378.7 468.6 224.7 59.2 40.8 94.3 13.8 < < 11006.88911.4 973.1 841.7 415.3 532.3 245.3 65.2 50.5 133.6 38.4 19.2 < 12226.0

10513.3 1139.8 816.8 511.2 611.6 267.6 88.7 55.4 152.9 45.6 87.4 200.4 14490.712002.6 1321.5 752.1 696.0 635.2 290.8 89.3 64.4 178.4 62.7 114.4 367.0 16574.412295.9 1137.8 523.0 831.1 1169.1 741.2 99.9 72.0 229.5 94.9 135.6 436.2 17766.213546.9 1139.8 680.6 770.7 1137.2 652.6 113.2 75.6 219.0 119.0 146.0 474.0 19074.614395.7 1583.7 1108.5 841.9 942.2 363.3 130.2 79.1 214.1 109.8 137.2 641.5 20547.215816.4 1653.8 1187.3 883.0 1046.8 381.1 140.3 96.8 213.2 108.4 142.5 736.0 22405.615804.3 2127.1 1218.8 781.9 863.5 375.0 148.7 85.2 204.8 225.5 333.0 716.6 22884.418006.1 2644.0 1299.1 827.6 863.0 411.7 134.0 88.8 221.2 250.7 387.8 763.3 25897.318496.9 2689.3 1438.3 935.6 1030.0 382.9 149.3 92.3 236.6 297.8 434.9 860.0 27043.920179.5 3021.0 1608.0 1166.9 1135.5 430.4 162.4 101.0 240.8 333.5 452.1 970.6 29801.723365.9 3275.4 1737.0 1964.6 1236.6 485.1 165.6 81.8 224.8 342.3 414.5 1058.2 34351.823701.5 3262.9 1897.1 2001.6 1305.6 552.7 158.8 81.5 238.6 390.0 424.5 1119.9 35134.727730.8 1347.1 797.1 1638.6 584.8 231.8 73.7 32.3 94.1 202.6 208.9 490.9 33432.733460.1 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 34258.3

1915.5 324.9 187.6 156.3 106.7 52.3 15.9 8.0 22.3 30.9 40.7 104.8 2965.93534.7 557.7 315.4 308.0 188.3 86.3 26.4 13.5 34.7 53.8 69.0 175.8 5363.65382.2 798.7 398.1 448.2 273.9 124.0 36.5 17.6 47.7 83.2 99.6 243.4 7953.17714.5 949.6 498.7 590.7 385.3 155.4 50.2 22.4 61.5 113.0 129.3 304.1 10974.79903.0 1083.1 586.7 715.7 445.9 179.6 57.3 26.4 74.0 142.0 158.9 360.4 13733.0

12040.1 1168.1 649.6 858.8 481.5 194.5 61.1 28.9 80.3 156.3 177.5 398.9 16295.614955.7 1195.8 672.6 986.1 496.5 201.4 62.5 29.7 82.0 175.3 181.9 416.7 19456.217345.2 1220.0 691.9 1088.4 514.0 205.7 63.9 30.2 83.6 181.3 186.6 431.6 22042.419684.5 1248.2 719.2 1208.5 529.7 211.6 65.2 30.5 85.7 187.3 190.6 449.7 24610.722656.1 1283.2 756.0 1342.5 554.4 221.5 67.7 31.0 88.9 193.4 196.0 466.7 27857.424976.0 1310.8 778.3 1476.5 568.9 225.8 70.1 31.5 91.6 198.2 201.6 478.0 30407.327730.8 1347.1 797.1 1638.6 584.8 231.8 73.7 32.3 94.1 202.6 208.9 490.9 33432.7

2943.2 33.3 43.0 143.1 17.8 8.4 2.8 0.5 1.5 4.0 4.3 10.3 3212.25009.8 59.3 72.6 312.1 30.3 12.3 4.3 1.0 3.2 6.2 7.3 26.5 5544.97452.7 81.4 81.8 439.4 42.6 16.4 5.6 1.4 4.3 9.7 10.4 36.3 8182.0

10298.1 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 11096.313015.3 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 13813.515825.8 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 16624.019016.1 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 19814.321451.1 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 22249.324545.1 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 25343.327917.2 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 28715.430120.3 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 30918.533460.1 86.1 84.8 492.5 45.3 17.2 5.8 1.5 4.5 10.6 10.9 39.0 34258.3

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(In million dinar)

IX-2-A. NUMBER OF DRAFTS HANDLED IN THE CLEARING HOUSES (1)


249.2 100.3 39.2 15.5 19.4 15.0 < < < < < < 438.6250.1 103.3 40.4 15.0 20.5 14.4 < < < < < < 443.7250.8 106.9 45.4 15.7 25.0 15.1 3.7 < < < < < 462.6208.5 107.5 46.8 15.2 25.8 15.9 4.8 1.7 < < < < 426.2246.5 112.9 47.6 16.6 27.6 16.8 4.7 3.0 < < < < 475.7224.3 120.3 51.8 17.6 30.0 19.3 5.1 3.1 8.0 1.3 < < 480.8241.3 136.8 57.4 19.1 32.1 19.3 6.2 4.3 11.0 4.1 1.6 < 533.2263.0 154.8 52.6 21.4 36.1 20.3 6.6 4.2 11.9 4.4 7.3 14.9 597.5312.8 176.5 47.2 23.2 39.3 22.2 7.4 4.2 12.9 5.3 8.9 29.9 689.8263.0 78.1 32.3 39.9 136.7 43.5 7.4 4.2 13.7 6.3 8.4 29.2 662.7287.1 114.3 41.1 37.0 123.4 39.7 7.1 4.1 13.0 7.1 10.5 31.2 715.6313.6 220.0 64.7 28.9 61.0 26.6 8.1 4.8 14.6 8.9 12.3 39.5 803.0334.4 247.3 81.0 29.6 69.8 37.0 9.8 6.2 19.9 11.2 14.4 49.1 909.7624.0 329.6 107.8 36.7 88.4 54.8 20.3 5.5 32.1 17.4 32.4 69.6 1418.6720.5 442.8 134.3 43.9 104.6 65.5 22.0 6.9 45.4 24.8 43.0 82.6 1736.3723.9 444.2 147.8 47.4 102.8 65.7 14.8 7.3 46.2 25.9 42.2 85.3 1753.5610.2 443.3 144.9 48.7 127.3 63.1 13.4 5.7 47.9 25.8 43.7 86.0 1660.0662.1 496.1 189.6 57.6 126.2 63.2 15.5 5.7 56.5 27.4 53.1 92.4 1845.4829.0 458.4 149.2 54.8 114.9 58.1 14.8 7.5 39.0 28.6 50.9 84.1 1889.3842.3 378.7 154.2 50.5 110.7 50.3 13.5 5.6 33.4 24.1 47.4 77.7 1788.4

1305.9 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 1481.1

79.3 35.6 15.2 5.5 11.1 5.6 1.3 0.7 3.6 2.4 5.3 7.9 173.5137.8 63.9 26.6 9.6 19.8 9.0 2.4 1.2 6.3 4.4 9.4 14.4 304.8197.9 95.2 38.8 14.3 29.1 13.4 3.5 1.7 9.2 6.3 13.7 20.8 443.9269.1 128.2 52.0 19.0 39.0 18.1 4.8 2.3 12.3 8.7 17.9 28.0 599.4351.8 164.3 66.1 23.8 49.1 23.1 6.5 2.8 15.6 10.8 22.5 35.5 771.9411.1 193.7 81.1 27.6 57.3 26.4 7.5 3.2 17.9 12.6 25.9 40.8 905.1488.9 235.9 94.7 32.1 67.6 31.1 8.5 3.6 20.9 14.7 30.2 47.2 1075.4553.4 265.6 108.2 35.9 76.5 35.1 9.5 4.0 23.4 16.5 33.4 53.5 1215.0613.8 298.1 121.2 39.9 86.4 39.3 10.5 4.4 26.0 18.5 37.3 60.2 1355.6688.7 333.4 135.4 44.6 97.2 44.5 11.7 4.9 29.2 21.0 41.5 67.4 1519.5761.5 354.4 144.8 47.5 103.8 47.2 12.5 5.2 31.4 22.5 44.3 72.6 1647.7842.3 378.7 154.2 50.5 110.7 50.3 13.5 5.6 33.4 24.1 47.4 77.7 1788.4

77.2 23.4 4.3 3.3 7.4 3.8 1.1 0.4 2.4 1.7 3.5 5.1 133.6134.3 42.6 7.1 5.9 13.1 5.8 1.6 0.6 4.3 3.0 5.6 7.9 231.8205.9 63.6 15.9 8.5 19.3 7.9 2.1 0.9 6.2 4.5 8.1 12.3 355.2301.8 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 477.0396.6 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 571.8505.8 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 681.0645.1 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 820.3761.6 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 936.8899.8 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 1075.0

1049.1 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 1224.31153.1 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 1328.31305.9 73.7 20.3 10.0 22.0 9.0 2.4 1.1 7.3 5.3 9.5 14.6 1481.1

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(In thousands)

IX-2-B. AMOUNTS OF DRAFTS HANDLED IN THE CLEARING HOUSES (1)


3377.3 190.5 116.1 37.8 28.5 24.1 < < < < < < 3774.34204.1 229.0 151.7 46.1 36.6 27.4 < < < < < < 4694.94404.5 258.2 180.1 52.0 51.3 33.7 5.5 < < < < < 4985.34538.8 279.2 187.4 47.4 56.2 41.4 7.7 2.3 < < < < 5160.45298.9 309.5 187.3 46.7 68.0 49.2 9.1 5.9 < < < < 5974.65127.8 333.4 237.8 63.2 83.6 61.5 11.9 8.2 17.4 4.0 < < 5948.86135.3 415.5 243.0 73.1 91.3 57.7 14.4 9.9 29.5 12.1 4.8 < 7086.67337.0 507.4 244.9 83.9 104.9 66.3 18.7 10.9 32.5 13.7 22.9 43.7 8486.87414.9 570.9 218.5 104.9 116.0 77.2 19.1 9.3 37.7 16.8 27.5 90.6 8703.47257.5 274.7 131.6 144.7 446.7 207.6 19.2 10.0 40.9 20.8 33.3 87.7 8674.76611.9 316.0 160.5 127.1 422.3 194.4 19.7 9.4 39.7 38.3 37.7 87.8 8064.85325.5 644.0 291.7 101.4 173.0 73.6 17.0 12.2 43.2 25.5 42.7 105.8 6855.64630.0 690.0 333.6 90.5 193.3 79.2 19.5 13.1 41.4 27.6 41.5 121.7 6281.43909.6 748.7 355.3 98.8 200.8 88.5 25.3 16.6 51.2 40.2 74.0 147.9 5756.92600.1 832.1 370.9 127.9 211.7 98.8 24.8 16.5 52.9 49.7 82.0 177.5 4644.92873.0 881.1 417.7 124.1 218.1 106.8 25.9 8.9 59.1 56.3 87.7 181.0 5039.73055.8 918.2 447.9 127.2 248.0 126.1 26.7 15.0 65.9 63.5 94.0 191.4 5379.73569.3 1049.1 506.6 128.4 252.0 137.1 28.0 9.9 73.1 71.3 143.3 196.2 6164.34387.6 1002.1 463.9 120.8 244.0 136.5 21.2 10.7 55.9 73.0 99.6 215.4 6830.74476.7 934.3 516.5 125.9 229.7 138.9 18.9 11.3 55.6 65.0 94.4 209.1 6876.35368.4 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 5782.1

399.3 89.5 47.4 12.0 22.5 12.1 2.1 1.0 5.2 6.2 7.5 19.2 624.0727.5 164.8 86.8 21.9 39.7 21.2 3.8 2.0 9.6 11.4 15.9 36.4 1141.0

1387.3 242.0 126.0 31.3 57.8 32.7 5.4 2.8 14.1 16.2 23.1 53.2 1991.91734.2 332.0 172.4 42.0 77.7 44.9 7.0 3.9 19.1 22.2 30.8 72.3 2558.52097.5 415.9 219.4 52.5 97.9 55.6 8.6 4.8 24.0 27.4 39.0 91.1 3133.72408.8 489.3 258.8 64.0 116.8 67.8 9.9 5.6 28.1 31.9 45.8 106.2 3633.02770.3 575.6 304.5 77.1 139.5 80.2 11.5 6.6 33.2 37.4 55.7 123.8 4215.43097.2 650.1 350.4 88.3 158.8 92.2 13.1 7.5 37.9 42.3 63.6 141.5 4742.93422.2 730.6 397.4 100.1 181.2 104.9 14.4 9.0 43.3 48.6 73.3 162.1 5287.13744.8 821.9 450.0 112.0 205.2 119.0 16.5 10.0 49.0 56.2 83.5 182.6 5850.74090.3 879.5 485.2 119.3 217.8 128.3 17.6 10.6 52.2 60.9 88.8 195.9 6346.44476.7 934.3 516.5 125.9 229.7 138.9 18.9 11.3 55.6 65.0 94.4 209.1 6876.3

406.0 57.1 10.1 6.7 14.4 10.0 1.2 0.7 3.8 4.3 6.9 12.4 533.6734.1 106.6 18.0 13.1 25.3 17.0 2.4 1.2 6.9 8.2 11.4 17.4 961.6

1073.3 158.0 46.4 19.8 36.5 24.5 3.5 1.7 10.0 11.5 15.3 28.3 1428.81473.7 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 1887.41921.9 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 2335.62392.3 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 2806.02922.0 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 3335.73367.6 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 3781.33882.7 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 4296.44422.8 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 4836.54844.5 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 5258.25368.4 180.5 59.0 22.7 41.2 28.4 4.0 1.9 11.6 13.2 17.8 33.4 5782.1

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(In million dinar)

IX-3-A. NUMBER OF TRANSFERS HANDLED IN THE CLEARING HOUSES (1)


1107.4 5.3 4.1 1.3 0.4 1.5 < < < < < < 1120.0946.8 7.4 4.3 1.7 0.6 1.7 < < < < < < 962.5464.8 6.3 4.6 2.1 0.9 1.7 1.7 < < < < < 482.1

88.4 7.9 4.2 2.3 0.9 3.2 2.1 - < < < < 109.086.1 10.3 4.2 2.3 1.1 3.5 4.9 - < < < < 112.484.3 22.3 5.1 2.8 1.2 4.4 9.1 - 0.9 - < < 130.196.2 12.9 5.4 3.4 1.2 3.7 9.7 - 1.4 - - < 133.9

105.2 14.6 4.7 4.4 1.4 4.0 8.8 - 1.4 0.2 - 1.3 146.0117.3 15.1 5.6 5.1 1.7 3.8 7.2 0.1 1.8 0.7 0.4 1.5 160.3124.6 9.8 5.3 3.1 14.5 7.7 10.5 - 4.8 1.1 0.3 1.2 182.9142.6 15.7 7.8 4.3 12.7 6.7 6.9 - 4.9 1.1 - 1.7 204.4160.1 24.1 11.6 6.5 2.8 4.3 8.5 0.1 4.7 1.2 0.5 2.4 226.8178.8 28.3 17.4 7.6 3.1 2.9 6.1 0.1 5.4 1.1 0.9 3.1 254.8213.7 37.0 24.7 7.8 4.9 5.0 6.0 0.5 5.0 2.3 2.0 6.2 315.1189.9 36.5 25.6 7.6 6.0 5.0 11.2 0.8 5.6 2.7 2.7 5.7 299.3191.6 39.3 25.4 9.6 8.6 6.1 15.0 0.9 4.4 3.2 2.6 6.4 313.1289.7 38.8 25.6 8.5 9.7 5.4 13.3 0.8 4.1 4.2 2.5 6.8 409.4

2046.9 - - - - - - - - - - - 2046.92947.5 - - - - - - - - - - - 2947.53434.2 - - - - - - - - - - - 3434.24223.2 - - - - - - - - - - - 4223.2

299.3 - - - - - - - - - - - 299.3530.2 - - - - - - - - - - - 530.2775.6 - - - - - - - - - - - 775.6

1064.2 - - - - - - - - - - - 1064.21352.8 - - - - - - - - - - - 1352.81590.5 - - - - - - - - - - - 1590.51924.8 - - - - - - - - - - - 1924.82164.3 - - - - - - - - - - - 2164.32451.3 - - - - - - - - - - - 2451.32777.0 - - - - - - - - - - - 2777.03060.0 - - - - - - - - - - - 3060.03434.2 - - - - - - - - - - - 3434.2

386.6 - - - - - - - - - - - 386.6658.0 - - - - - - - - - - - 658.0978.3 - - - - - - - - - - - 978.3

1354.5 - - - - - - - - - - - 1354.51682.8 - - - - - - - - - - - 1682.82003.1 - - - - - - - - - - - 2003.12401.9 - - - - - - - - - - - 2401.92690.0 - - - - - - - - - - - 2690.03047.2 - - - - - - - - - - - 3047.23440.5 - - - - - - - - - - - 3440.53773.4 - - - - - - - - - - - 3773.44223.2 - - - - - - - - - - - 4223.2

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(In thousands)

IX-3-B. AMOUNTS OF TRANSFERS HANDLED IN THE CLEARING HOUSES (1)


1009.2 14.2 9.1 5.0 0.9 5.9 < < < < < < 1044.31389.0 11.3 10.0 6.7 0.9 6.8 < < < < < < 1424.71036.6 10.7 12.8 8.1 1.1 7.1 1.3 < < < < < 1077.7

910.2 14.8 7.9 6.7 1.3 11.8 1.0 0.3 < < < < 954.01200.7 12.0 7.3 2.6 1.7 19.9 2.5 0.3 < < < < 1247.01186.6 47.0 9.9 5.9 1.5 17.7 4.3 - 2.1 0.3 < < 1275.31061.1 20.6 11.7 14.7 1.9 21.1 5.1 0.6 1.3 1.4 1.1 < 1140.61527.4 36.2 15.2 29.7 2.5 24.7 6.1 0.7 1.3 1.5 0.7 1.8 1647.81873.2 29.9 24.2 11.6 1.9 25.2 4.2 0.6 1.2 2.4 1.2 3.6 1979.22708.9 15.6 25.3 5.6 25.4 19.3 5.5 0.5 1.5 3.3 0.9 4.8 2816.63668.7 24.0 18.6 5.9 18.8 28.9 5.1 0.6 2.0 3.4 2.0 2.8 3780.83474.4 39.0 18.0 7.2 7.6 23.8 8.3 1.1 3.6 3.7 1.9 4.3 3592.93039.4 53.0 32.4 10.5 10.2 21.2 7.6 1.5 2.1 5.0 3.2 6.1 3192.22815.5 67.9 44.6 11.7 13.1 31.5 11.9 1.2 4.2 6.9 9.2 15.0 3032.72965.6 93.5 43.8 12.0 18.5 50.2 19.5 1.5 6.2 8.1 9.9 16.0 3244.83010.9 105.5 47.4 31.4 13.8 70.6 22.8 1.5 7.4 7.9 7.1 20.9 3347.23703.1 88.5 52.4 20.6 18.4 48.3 21.6 1.1 6.4 7.1 8.8 23.7 4000.03890.8 - - - - - - - - - - - 3890.85187.9 - - - - - - - - - - - 5187.95936.5 - - - - - - - - - - - 5936.58032.0 - - - - - - - - - - - 8032.0

474.3 - - - - - - - - - - - 474.3874.0 - - - - - - - - - - - 874.0

1295.0 - - - - - - - - - - - 1295.01809.9 - - - - - - - - - - - 1809.92343.9 - - - - - - - - - - - 2343.92803.1 - - - - - - - - - - - 2803.13325.5 - - - - - - - - - - - 3325.53761.6 - - - - - - - - - - - 3761.64267.9 - - - - - - - - - - - 4267.94875.0 - - - - - - - - - - - 4875.05351.8 - - - - - - - - - - - 5351.85936.5 - - - - - - - - - - - 5936.5

655.5 - - - - - - - - - - - 655.51134.5 - - - - - - - - - - - 1134.51624.1 - - - - - - - - - - - 1624.12219.3 - - - - - - - - - - - 2219.32782.2 - - - - - - - - - - - 2782.23404.7 - - - - - - - - - - - 3404.74029.3 - - - - - - - - - - - 4029.34645.7 - - - - - - - - - - - 4645.75465.8 - - - - - - - - - - - 5465.86374.5 - - - - - - - - - - - 6374.57031.5 - - - - - - - - - - - 7031.58032.0 - - - - - - - - - - - 8032.0

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IX-4-A. OVERALL NUMBER OF TRANSACTIONS HANDLED IN THE CLEARING HOUSES (1)


4223.4 796.7 577.5 256.5 363.9 187.0 < < < < < < 6405.04528.8 910.8 654.8 278.2 450.0 195.7 < < < < < < 7018.34202.2 950.0 729.6 294.4 542.5 208.4 58.5 < < < < < 6985.64032.3 982.3 766.7 298.5 575.7 214.4 69.2 24.9 < < < < 6964.04311.7 1078.6 840.6 318.7 668.9 233.6 73.7 43.8 < < < < 7569.64887.2 1284.5 970.4 361.0 772.7 280.6 85.8 48.2 122.8 15.7 < < 8828.95656.2 1367.9 1067.2 398.1 841.6 278.3 90.6 55.5 164.6 47.4 23.7 < 9991.16208.6 1537.8 939.5 452.7 940.1 305.3 100.3 58.6 176.8 54.4 107.4 280.1 11161.66604.2 1755.1 827.4 494.7 994.8 332.0 107.2 63.5 193.6 68.0 124.8 494.8 12060.16533.6 970.5 527.2 913.1 1572.3 756.4 118.3 63.7 215.0 77.1 126.5 542.5 12416.26752.1 1260.5 712.5 837.8 1535.3 674.3 125.7 67.2 216.2 84.6 139.0 590.3 12995.56909.9 2088.9 1115.9 584.4 1234.6 388.9 131.1 67.5 224.8 90.1 142.0 752.4 13730.57449.6 2239.5 1212.6 617.7 1310.0 414.5 137.6 79.6 236.5 96.5 151.2 839.0 14784.38983.9 2674.1 1287.3 504.5 1216.7 401.9 140.6 57.7 216.8 177.2 269.0 886.6 16816.38140.3 2919.1 1300.2 465.7 1217.8 395.6 135.5 53.3 221.7 197.3 293.0 872.2 16211.79776.0 3059.0 1383.5 485.5 1350.8 402.9 129.9 53.9 229.5 209.2 309.3 924.4 18313.99946.5 3202.9 1474.9 496.6 1409.1 413.0 126.6 51.1 234.5 234.1 325.9 978.5 18893.7

11944.4 3302.5 1557.7 504.5 1458.0 426.0 114.7 48.8 233.9 234.6 338.9 1031.0 21195.011151.1 3347.3 1520.3 516.4 1480.2 432.5 122.8 51.9 233.7 244.6 349.1 1054.8 20504.719509.2 1408.8 679.2 167.5 695.3 196.6 59.7 21.4 101.4 130.5 180.0 485.1 23634.724413.1 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 24756.6

1289.3 300.7 146.4 42.8 126.9 39.4 11.0 4.6 22.0 21.9 31.9 95.0 2131.92369.5 530.1 262.7 60.0 225.8 68.7 19.3 7.9 34.6 38.7 56.0 168.3 3841.63625.2 773.7 329.6 78.2 335.5 100.1 28.1 10.7 46.6 56.8 81.5 233.6 5699.65262.9 898.9 404.1 98.5 460.9 123.9 38.1 13.3 60.2 77.9 107.6 287.8 7834.16934.0 1017.3 476.8 117.7 526.8 142.9 45.4 15.5 72.6 95.7 131.8 340.2 9916.78394.8 1101.0 531.9 131.3 565.8 154.6 48.5 17.0 79.2 104.7 147.0 375.8 11651.6

10461.7 1164.3 559.1 138.0 588.0 161.9 50.1 17.8 83.2 109.8 153.3 393.4 13880.612114.4 1211.1 583.1 143.5 610.2 169.1 51.8 18.4 86.6 114.0 158.3 410.6 15671.113840.6 1261.7 606.1 149.7 632.5 176.0 53.6 19.0 90.5 118.3 163.8 438.1 17549.915864.2 1320.5 636.5 156.8 658.7 184.7 55.9 19.9 94.8 123.1 170.2 455.8 19741.117506.6 1360.7 656.6 162.2 676.3 190.0 57.4 20.5 98.1 126.5 174.4 469.6 21498.919509.2 1408.8 679.2 167.5 695.3 196.6 59.7 21.4 101.4 130.5 180.0 485.1 23634.7

2044.8 41.8 20.9 5.3 20.8 6.6 2.1 0.7 3.3 3.5 5.6 12.5 2167.93660.4 75.5 34.3 9.5 36.0 11.0 3.1 1.2 6.0 6.3 8.9 21.7 3873.95497.9 108.8 49.1 13.9 52.6 15.3 4.0 1.7 8.5 9.6 12.5 32.1 5806.07612.1 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 7955.69596.9 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 9940.4

11649.8 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 11993.313972.6 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 14316.115804.2 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 16147.717993.3 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 18336.820272.9 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 20616.421972.0 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 22315.524413.1 121.9 55.2 15.7 57.6 16.8 4.4 1.9 9.7 10.8 14.1 35.4 24756.6

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(In thousands)

IX-4-B. OVERALL VALUE OF TRANSACTIONS HANDLED IN THE CLEARING HOUSES (1)


9533.6 647.9 476.2 255.4 192.8 158.1 < < < < < < 11264.011247.1 810.3 595.3 323.3 263.6 183.4 < < < < < < 13423.011553.9 876.5 686.0 323.8 352.8 202.8 45.3 < < < < < 14041.111599.7 933.5 718.4 315.7 373.1 217.5 56.8 21.4 < < < < 14236.113326.6 1016.0 797.4 316.9 445.1 230.6 61.0 39.8 < < < < 16233.414406.8 1270.5 991.9 447.8 553.7 303.9 75.4 49.0 113.8 18.1 < < 18230.916107.8 1409.2 1096.4 503.1 625.5 324.1 84.7 61.0 164.4 51.9 25.1 < 20453.219377.7 1683.4 1076.9 624.8 719.0 358.6 113.5 67.0 186.7 60.8 111.0 245.9 24625.321290.7 1922.3 994.8 812.5 753.1 393.2 112.6 74.3 217.3 81.9 143.1 461.2 27257.022262.3 1428.1 679.9 981.4 1641.2 968.1 124.6 82.5 271.9 119.0 169.8 528.7 29257.523827.5 1479.8 859.7 903.7 1578.3 875.9 138.0 85.6 260.7 160.7 185.7 564.6 30920.223195.6 2266.7 1418.2 950.5 1122.8 460.7 155.5 92.4 260.9 139.0 181.8 751.6 30995.723485.8 2396.8 1553.3 984.0 1250.3 481.5 167.4 111.4 256.7 141.0 187.2 863.8 31879.222529.4 2943.7 1618.7 892.4 1077.4 495.0 185.9 103.0 260.2 272.6 416.2 879.5 31674.023571.8 3569.6 1713.8 967.5 1093.2 560.7 178.3 106.8 280.3 308.5 479.7 956.8 33787.024380.8 3675.9 1903.4 1091.1 1261.9 560.3 198.0 102.7 303.1 362.0 529.7 1061.9 35430.826938.4 4027.7 2108.3 1314.7 1401.9 604.8 210.7 117.1 313.1 404.1 554.9 1185.7 39181.430826.0 4324.5 2243.6 2093.0 1488.6 622.2 193.6 91.7 297.9 413.6 557.8 1254.4 44406.933277.0 4265.0 2361.0 2122.4 1549.6 689.2 180.0 92.2 294.5 463.0 524.1 1335.3 47153.338144.0 2281.4 1313.6 1764.5 814.5 370.7 92.6 43.6 149.7 267.6 303.3 700.0 46245.546860.5 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 48072.4

2789.1 414.4 235.0 168.3 129.2 64.4 18.0 9.0 27.5 37.1 48.2 124.0 4064.25136.2 722.5 402.2 329.9 228.0 107.5 30.2 15.5 44.3 65.2 84.9 212.2 7378.68064.5 1040.7 524.1 479.5 331.7 156.7 41.9 20.4 61.8 99.4 122.7 296.6 11240.0

11258.6 1281.6 671.1 632.7 463.0 200.3 57.2 26.3 80.6 135.2 160.1 376.4 15343.114344.4 1499.0 806.1 768.2 543.8 235.2 65.9 31.2 98.0 169.4 197.9 451.5 19210.617252.0 1657.4 908.4 922.8 598.3 262.3 71.0 34.5 108.4 188.2 223.3 505.1 22731.721051.5 1771.4 977.1 1063.2 636.0 281.6 74.0 36.3 115.2 212.7 237.6 540.5 26997.124204.0 1870.1 1042.3 1176.7 672.8 297.9 77.0 37.7 121.5 223.6 250.2 573.1 30546.927374.6 1978.8 1116.6 1308.6 710.9 316.5 79.6 39.5 129.0 235.9 263.9 611.8 34165.731275.9 2105.1 1206.0 1454.5 759.6 340.5 84.2 41.0 137.9 249.6 279.5 649.3 38583.134418.1 2190.3 1263.5 1595.8 786.7 354.1 87.7 42.1 143.8 259.1 290.4 673.9 42105.538144.0 2281.4 1313.6 1764.5 814.5 370.7 92.6 43.6 149.7 267.6 303.3 700.0 46245.5

4004.7 90.4 53.1 149.8 32.2 18.4 4.0 1.2 5.3 8.3 11.2 22.7 4401.36878.4 165.9 90.6 325.2 55.6 29.3 6.7 2.2 10.1 14.4 18.7 43.9 7641.0

10150.1 239.4 128.2 459.2 79.1 40.9 9.1 3.1 14.3 21.2 25.7 64.6 11234.913991.1 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 15203.017719.4 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 18931.321622.8 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 22834.725967.4 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 27179.329464.4 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 30676.333893.6 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 35105.538714.5 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 39926.441996.3 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 43208.246860.5 266.6 143.8 515.2 86.5 45.6 9.8 3.4 16.1 23.8 28.7 72.4 48072.4

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(In million dinar)

(In MTD unless otherwise indicated)DEC. DEC. JUNE JULY AUGUST SEPT. OCT. NOV. DEC

DESCRIPTION 2001 2002 2003 2003 2003 2003 2003 2003 2003

MONEY MARKET (1)Money market interest rate (in %)Money market rate: Minimum 5.93750 5.84375 4.96875 4.96875 4.96875 4.96875 4.96875 4.96875 4.96875 Maximum 6.00000 5.96875 5.53125 5.03125 5.03125 5.03125 5.03125 5.03125 5.03125 Average 5.93750 5.90625 5.31250 5.00000 5.00000 5.00000 5.00000 5.00000 5.00000

Call for bids rate 5.87500 5.87500 5.00000 5.00000 5.00000 5.00000 5.00000 5.00000 5.00000One to seven day allowance uptakes rate (2) 6.87500 6.87500 6.00000 6.00000 6.00000 6.00000 6.00000 6.00000 6.00000Injection rate 5.93750 5.90625 5.03125 5.03125 5.03125 5.03125 5.03125 5.03125 5.03125Tapping rate 5.81250 5.84375 4.96875 4.96875 4.96875 4.96875 4.96875 4.96875 4.96875Weighted average rate of the last pawn of 3 month Treasury bonds 6.18750 6.12500 5.62500 5.09375 5.09375 5.09375 5.09375 5.09375 5.09375

Lending-borrowing transactions 653.4 370.2 348.0 428.2 504.2 524.1 538.3 410.3 332.2on the interbank market(3) 390.1 334.8 405.2 362.6 434.3 554.8 503.3 442.3 351.6

Central bank intervention 854.2 502.0 379.0 468.0 402.1 243.0 268.0 288.0 435.0on the money market (3) 896.3 508.2 387.4 590.3 486.4 284.6 245.4 311.0 416.2

Call for bids 450.0 240.0 240.0 375.0 280.0 175.0 200.0 230.0 270.0396.8 259.8 252.0 499.2 375.3 160.8 183.9 222.0 331.3

Allowance uptakes (4) 73.2 - - - 0.1 - - - -102.2 3.6 - - - - - 0.1 -

Pawn of 3 month 331.0 228.0 93.0 93.0 122.0 68.0 68.0 58.0 165.0Treasury bonds (5) 326.2 222.8 138.0 93.0 118.3 120.2 68.0 59.0 82.0

Net injection(+) or - 34.0 46.0 - - - - - -tapping (-) (6) 71.1 22.0 -2.6 -1.9 -7.2 3.6 -6.5 29.9 2.9

Refinancing in currency (7) > > > > > > > > >Open-Market transactions (8) < < 18.5 18.5 19.0 24.2 23.1 19.3 5.2

< < 18.5 18.5 19.0 24.0 23.4 20.5 8.8Overall volume of refinancing (9) 854.2 502.0 397.5 486.5 421.1 267.2 291.1 307.3 440.2

Money market instrumentsCertificates of deposits 838.5 664.5 642.0 753.0 695.0 665.0 744.0 736.5 670.5Commercial paper 547.8 594.4 585.5 608.5 596.1 588.6 588.9 585.1 576.2Transferable Treasury bonds 352.8 82.7 > > > > > > >Investment bonds > > > > > > > > >

Balance of the bank ordinary current accounts ( Average) (10) 243.7 155.8 159.3 177.1 186.8 157.8 171.9 167.8 186.6

Savings rate ( in %) 4.00000 4.00000 3.50000 3.50000 3.00000 3.00000 3.00000 3.00000 3.00000Maximum rate of overdraft * (in %) 12.93750 12.90625 12.31250 12.00000 12.00000 12.00000 12.00000 12.00000 12.00000Footnotes of this page are explained in the methodological notes.* This rate serves as a base for determining legal interest rate.

X-1-A. INSTRUMENTS OF THE MONETARY AND CREDIT POLICY

44

(In million Dinar)Period 13 weeks 26 weeks 52 weeks 2 years 3 years 4 years 5 years 7 years 10 years 12 years Total

1997 - - 309.150 1208.327 534.336 288.000 578.074 8.000 298.679 - 3224.5661998 25.000 16.000 137.900 928.300 725.838 583.100 819.915 6.000 263.229 - 3505.2821999 14.500 108.500 753.000 429.300 566.675 415.575 764.058 4.000 728.259 - 3783.8672000 8.000 240.000 875.200 195.200 560.806 736.000 648.841 2.000 787.320 - 4053.3672001 262.000 147.500 1219.300 229.700 445.501 873.825 478.537 - 773.970 - 4430.3332002 101.500 393.000 1087.300 192.600 277.800 962.300 237.658 - 749.949 338.800 4340.907

Jan. 2002 355.000 196.100 1189.300 229.700 363.500 855.675 466.937 - 774.822 - 4431.034Feb. 237.800 230.600 1268.300 294.800 384.500 874.875 446.937 - 776.062 - 4513.874March 143.300 278.100 1417.300 294.800 440.300 874.250 427.587 - 780.902 - 4656.539April 53.300 338.600 1480.800 294.800 451.200 873.450 398.787 - 780.632 - 4671.569May 18.500 255.600 1480.800 294.800 451.200 852.700 391.147 - 775.367 - 4520.114June 8.000 218.600 1394.300 261.249 230.200 841.700 386.787 - 769.021 - 4109.857July - 153.500 1339.800 261.249 230.200 841.400 386.127 - 767.386 206.500 4186.162August - 90.500 1339.800 261.249 230.200 873.600 283.015 - 765.063 275.100 4118.527September - 77.000 1348.300 261.249 230.200 873.600 281.180 - 762.363 296.600 4130.492October - 141.000 1360.800 192.600 230.200 929.100 275.180 - 761.284 311.100 4201.264November 101.500 292.000 1165.300 192.600 270.300 955.300 266.530 - 752.486 332.800 4328.816December 101.500 393.000 1087.300 192.600 277.800 962.300 237.658 - 749.949 338.800 4340.907

Jan. 2003 105.500 428.000 970.300 192.600 288.900 973.400 226.058 - 748.801 347.700 4281.259Feb. 5.500 428.000 1019.800 192.600 288.900 1007.900 206.858 - 747.041 350.700 4247.299March 5.500 354.500 898.500 192.600 288.900 1007.900 188.308 - 745.881 361.450 4043.539April - 287.000 945.000 192.600 288.900 1023.900 160.508 - 745.611 377.050 4020.569May - 136.000 1054.000 192.600 288.900 1023.900 279.608 - 740.346 412.250 4127.604June - 49.000 1107.000 192.600 288.900 1100.900 283.008 - 734.000 439.950 4195.358July - - 1107.000 192.600 288.900 1100.900 333.508 - 732.365 461.300 4216.573August - - 1107.000 192.600 288.900 1100.900 342.308 - 730.042 487.700 4249.450September - - 1252.100 - 288.900 1100.900 402.808 - 727.341 529.200 4301.249October - - 1271.100 - 267.100 1100.900 433.108 - 729.262 577.700 4376.170November - - 1199.700 - 267.100 1100.900 442.608 - 717.464 761.800 4489.572December - - 1232.200 - 267.100 1100.900 493.608 - 714.499 888.900 4697.207

(In %)Period 13 weeks 26 weeks 52 weeks 2 years 3 years 4 years 5 years 7 years 10 years 12 years All maturities*

included

1997 - - 6.9375 7.8125 7.9375 7.4375 8.7338 9.5000 9.8828 - 8.08321998 7,0000 7.1250 7.1250 7.0625 7.5000 7.3750 7.9999 9.5000 9.8808 - 7.64601999 6.1280 6.0918 6.1452 7,0000 7.3125 7.3125 7.3807 9.5000 7.6428 - 7.08462000 5.9389 6.0317 6.1424 6.3901 7.1161 7.0603 7.1361 9.5000 7.4826 - 6.86962001 6.3040 6.4187 6.6766 6.7509 6.9060 7.0437 6.8500 - 7.1614 - 6.84872002 6.1672 6.2849 6.5280 7.0154 7.0758 7.0331 6.6922 - 7.2499 8.3055 6.9387

Jan. 2002 6.3056 6.4069 6.7234 6.7509 6.7866 7.0327 6.8338 - 7.1384 - 6.8265Feb. 6.3032 6.3966 6.7227 6.8063 6.8062 7.0414 6.8063 - 7.1033 - 6.8320March 6.2558 6.3503 6.6989 6.8063 6.8537 6.8810 6.7809 - 7.0451 - 6.7856April 6.1170 6.3291 6.6876 6.8063 6.8616 6.8252 6.7410 - 7.0443 - 6.7693May 6.1035 6.3028 6.6876 6.8063 6.8616 6.8133 6.7230 - 7.0238 - 6.7730June 6.1225 6.2847 6.6857 6.8563 7.0949 6.8011 6.7106 - 6.9989 - 6.7819July - 6.2345 6.6831 6.8563 7.0949 7.0357 6.7082 - 7.3132 8.2970 6.9684August - 6.2216 6.6831 6.8563 7.0949 7.0328 6.8791 - 7.3062 8.3007 7.0184September - 6.2330 6.6496 6.8563 7.0949 7.0328 6.8711 - 7.2974 8.3019 7.0141October - 6.2450 6.6201 7.0154 7.0949 7.0324 6.8451 - 7.2935 8.3028 7.0042November 6.1672 6.2667 6.5875 7.0154 7.0785 7.3209 6.8064 - 7.2593 8.3049 6.9663December 6.1672 6.2849 6.5280 7.0154 7.0758 7.0331 6.6922 - 7.2499 8.3055 6.9387

Jan. 2003 6.1665 6.2909 6.4964 7.0154 7.0719 7.0335 6.6508 - 7.2449 8.0930 6.9207Feb. 6.1445 6.2909 6.5017 7.0154 7.0719 7.0350 6.5805 - 7.2373 8.0237 6.9275March 6.1445 6.3027 6.5017 7.0154 7.0719 7.0350 6.5056 - 7.2332 8.3080 6.9785April - 6.3135 6.4057 7.0154 7.0719 7.0297 6.3658 - 7.2325 8.3070 6.9651May - 6.3431 6.3162 7.0154 7.0719 7.0297 6.4030 - 7.2123 8.3040 6.9447June - 6.3561 6.2915 7.0154 7.0719 7.0023 6.4034 - 7.1879 8.3029 6.9411July - - 6.2915 7.0154 7.0719 7.0023 6.4498 - 7.1835 8.3012 6.9525August - - 6.2976 7.0154 7.0719 7.0023 6.4562 - 7.1758 8.2983 6.9586September - - 6.0110 - 7.0719 7.0023 6.4922 - 7.1635 8.2920 6.8566October - - 5.9475 - 7.1102 7.0023 6.5040 - 7.1592 8.2822 6.8482November - - 5.8599 - 7.1102 7.0023 6.5069 - 7.1217 8.2534 6.8860December - - 5.8466 - 7.1102 7.0023 6.5172 - 7.1104 8.2352 6.9101

* Weighted average interest rate.

X - 1 - B OUTSTANDING BALANCE OF TREASURY BONDS BY MATURITY

X - 1 - C WEIGHTED AVERAGE INTEREST RATE OF TREASURY BONDS OUTSTANDING BALANCE

45

Effective since: Rate in %DESCRIPTION

1) INTEREST RATES APPLIED TO AGRICULTURAL TRANSACTIONS

1.1) Long term transactions financed by the FOSDAP- Plantations

. During the period of non production 9 June 2000 7.50

. During the period of production 9 June 2000 9.00- Others 9 June 2000 9.00

1.2) Medium term transactions financed by the FOSDAP 9 June 2000 8.50

1.3) Seasonal crops loans 9 June 2000 8.50

2.1) Rates applied to the operations of "Banque de l'Habitat"

2.1.1) Rates applied to deposits

a/ During the contractual period- Home-savings accounts in dinar 21 August 1998 5.25- Home-savings accounts in currency 21 August 1998 5.25

b/ At the maturity of the savings contracts - Home-savings accounts in dinar 21 August 1998 5.25- Home-savings accounts in currency 21 August 1998 5.25

2.1.2) Rates applied to loans- Loans to home-savings accounts owners 21 August 1998 6.75- Additional loans to home-savings accounts owners 23 Nov. 1998 TMM+2 pts- Direct loans for housing:

. Social, the cost of which is beyond 30 thousand dinars 23 Nov. 1998 TMM+1 pt

. Economic, the cost of which is between 30 and 50 thousand dinars 16 July 2001 TMM+2.5pts

. Standing, the cost of which is above 50 thousand dinars 16 July 2001 TMM+3.5pts- interest rates applied to non paid due sums related to:

. Advanced, normal, immediat, standing or additional loans for building or acquisition 1st Jan. 1997 12.00

. Loans granted for land or old housing acquisition " " " 12.00

. Normal loan for acquisition or construction accumulated with an additional loan " " " 12.00

. Bridging loan for construction accumulated with an additional loan " " " 12.00

. Direct loan " " " 12.00-Interest rates on real-estate pre-financing loans

. Social, the cost of which is beyond 30 thousand dinars 23 Nov. 1998 TMM+1 pt

. Economic, the cost of which is between 30 and 50 thousand dinars 16 July 2001 TMM+2.5pts

. Standing, the cost of which is above 50 thousand dinars 16 July 2001 TMM+3.5pts

2.1.3) Rates applied to advance loans 23 Nov. 1998 TMM+2 pts

2.1.4) Rates applied to loans granted by the Fund for promotion of housing to workers ( FOPROLOS)

- Social houses, the surface of which is beyond 50 m2 for individual houses and 65 m2 for semi-collective houses 28 Oct. 1998 3.50

- Economic houses, the covered surface of which is beyond 75 m2 30 May 2000 5.00

- Old houses belonging to foreigners: . Wages ranging between once and twice the SMIG 11 Jan. 1999 3.50. Wages ranging between twice and three times the SMIG 30 May 2000 5.00

TMM: Money market average rate.

X-2. INTEREST RATES

2) INTEREST RATES APPLIED TO HOUSE BUILDING

46

DESCRIPTION Effective since: Rate in %

3) INTEREST RATES APPLIED BY SOCIAL SECURITY INSTITUTIONS 3.1) Interest rates on loans granted by CNRPS - Individual loans 26 Feb. 1988 8.25 - Loans for automobile acquisition 26 Feb. 1988 8.25 - Loans for home building 21 August 1998 6.75 - Home acquisition loans 1st Jan.2003 6.75 - Loans for land acquisition destined to construction 1st Jan.2003 6.75 - Student loans 15 July 1999 5.00 - Interest rates on non paid due sums applied rate+2% 3.2) Interest rates on loans granted by CNSS - Individual loans 26 Feb. 1988 8.25 - Loans for automobile acquisition 26 Feb. 1988 8.25 - Loans for automobile acquisition for handicaped people 26 Feb. 1988 6.00 - Housing acquisition loans 21 August 1998 6.75 - Loans for projects in Health and professional security fields 3 June 1996 6.00 - Student loans 12 July 1999 5.00 - Interest rates on non paid due sums applied rate+2%4) INTEREST RATES APPLIED TO INVESTMENTS OF COMPANIES 4.1) Rates applied to loans financed by FOPRODI - Rates on redeemable allocations 16 August 1974 3.00

4.2) Rates applied by development banks- Loan rates applied by STUSID

.Rates of loans to tourism For less than 7 years 1st Jan. 2002 TMM+4% For more than 7 years 1st Jan. 2002 TMM+5%.Rates of loans to other sectors For less than 7 years 1st Jan. 2002 TMM+4% For more than 7 years 1st Jan. 2002 TMM+5%.Rates of short-term loans to all sectors 1st Jan. 2003 TMM+4%

- Loan rates applied by BTKD:. Medium term loan rates for a period ranging between 2 and 7 years

Fixed rate Oct. 2003 11.00Variable rate 17 March 2003 TMM+4%

. Long term loan rates Fixed rate (for loans the period of which is ranging between 7 and 10 years ) 17 March 2003 11.25Variable rate (for loans the period of which is ranging between 7 and 10 years ) 17 March 2003 TMM+4%Fixed rate (for loans the period of which is equal to or more than 10 years ) 17 March 2003 11.50

. Rates of loans granted in the framework of the National Fund for employment ( 21-21)(7 years) 17 March 2003 TMM+1%

- Loan rates applied by BTEI:.Rates of loans granted to the touristic sector

long term Jan. 2000 13.00medium terme Jan. 2000 TMM+4%

.Rates of loans granted to industrial sectorlong term Jan. 2000 11.00medium terme Jan. 2000 TMM+3%

.Rates of loans granted to serviceslong term Jan. 2000 11.00medium terme Jan. 2000 TMM+3%

.Rates of loans granted to the agricultural sectorlong term Jan. 2000 11.00medium terme Jan. 2000 TMM+3%

. Rates applied to leasing operations July 2001 11.00- Loan rates applied by BTQI:

. Long term loan rates to the tourist sector 26 June 2000 11.00

. Medium term loan rates to all sectors 26 June 2000 TMM+2 to 4%

. Long term loan rates to other sectors 26 June 2000 TMM+4.25%- Loan rates applied by BTLD :

Medium term loan rates (period < 7 years) 22 Dec. 2002 TMM+2 to 3.5%Long term loan rates ( period > 7 years) 22 Dec. 2002 TMM+3 to 5%

TMM: Money market average rate

X-2. INTEREST RATES ( 2 continuing)

47

Description Effective since: Rate in %

5) LEGAL INTEREST RATES - In civil matters 15 Feb. 1983 7.00 - In commercial matters 15 Feb. 1983 max.rate of overdraft

+ 0.5 point - Interest on overdue payments for delay of public works'settlement 22 April 1989 T.M.M. 6) RATES OF EXPORT TRANSACTIONS

6.1) Loans granted by the Fund to promote exports (FOPRODEX) 1st jan. 1999 5.875

6.2) Premiums for the coverage of risks on export loans applied by COTUNACE

In 1988, COTUNACE undertook changes in its procedure to calculate premiums. Rates of premiums into force for transactions falling due in 180 days are the following:

Type of insurance contractCommercial

riskNon commercial

risk Loss in case of non-

achievement of transaction

A-Current transactions 0.3 to 1.1% 50% of applied tariffin insurance relating to

loss due to non payment

B-Individual transactions

1-Exporter, owner of an insurance contract related to current transactions 0.3 to 1.1% "

2-Exporter who does not own an insurance contract related to current transactions

a- Transactions which are not backed to a bank guarantee 1.5%

b- Transactions backed to a bank 1.0% guarantee

C- Other contracts "

1- Public buyer 0.3%

2- Other non commercial risks 0.4%

X-2- INTEREST RATES ( 3 continuing )

48

Issuing Institutions Amounts Duration Rates in % Observationsdate in MDT in years

03/01/1994 CFCT 10 10 TMM+0.5006/12/1996 ATL 1996 6 7 10.00 Guaranteed by ATB (1MTD), BNA(1MTD), BTKD(2MTD)

and BS(2MTD).

20/05/1998 ATL 1998/4 8 6 8.25 Rating by MAGHREB RATING with 2 years of grace. Linearamortization during the last 4 years.

19/10/1998 BTKD 1998 20 10 8.00 Linear amortization.08/01/1999 CIL IX 98 10 5 8.00 Rating by MAGHREB RATING linear amortization.14/01/1999 A. Lease 99/I 10 5 8.00 Rating by MAGHREB RATING linear amortization.29/04/1999 CIL X 99 10 5 7.00 Rating by MAGHREB RATING linear amortization.11/05/1999 BDET 1999 50 7 6.50 Reimbursement at 1.420 dinars during the first 6 years then at

1.480 dinars at the end of the seventh year.10 7.00 Constant amortization.

31/05/1999 G.L 99/1 10 5 7.00 Rating by MAGHREB RATING linear amortization.10/06/1999 T. Leasing 99/1 10 5 7.00 Rating by MAGHREB RATING linear amortization.22/07/1999 A. Lease 99/2 10 7 7.00 With 2 years of grace. Linear amortization on 5 years.

Starting from the third year.26/10/1999 ATL 1999 10 5 6.75 Rating by MAGHREB RATING linear amortization.01/11/1999 T. Leasing 99/2 10 5 7.00 Rating by MAGHREB RATING constant amortization.08/11/1999 AIL 1999 10 7 7.00 Guaranteed by UIB and BTKD. With 2 years of grace.

Constant amortization starting from the third year.15/11/1999 CIL XI 99 10 5 6.75 Rating by MAGHREB RATING constant amortization.03/02/2000 G.Leasing 99/2 15

first portion (10) 5 7.00 Constant amortization.second portion (5) 7 7.25 Constant amortization starting form third year.

19/06/2000 CIL 2000/1 10 5 7.00 "A-" long term rating constant annual amortization.13/07/2000 A. Lease 2000/1 10 5 7.00 "BBB" long term rating constant annual amortization.19/07/2000 T.Leasing 2000/1 10 5 7.00 "A-" long term rating constant annual amortization.24/07/2000 ATL 2000/1 10 7 7.00 "A" long term rating. 2 years of grace.constant

annual amortization.24/10/2000 BTKD 2000 20 7 6.88 Reimbursement at 14.200 dinars per bonds during the first 6

years and at 14.800 dinars at the end of the seventh year.31/10/2000 CIL 2000/2 15 5 7.00 Rating by MAGHREB RATING linear amortization.06/11/2000 EO-AL 2000/2 10 7 7.00 "BBB" long term rating. with 2 years of grace.

constant amortization starting the third year.12/12/2000 UTL 2000 10 5 6.75 Guaranteed by UBCI (3.5MTD), BTEI (4MTD) and AB (2.5MTD).

Constant amortization.18/12/2000 ATL 2000/2 16.4 5 7.00 "A" long term rating. Constant amortizationon.28/12/2000 AIL 2000 10 5 7.00 Guaranteed by UIB(7MTD) and BTKD(3MTD). Linear amortization.14/05/2001 G. L 2001 6.3 5 7.20 Constant amortization.

5 7 7.40 with 2 year of grace. Amortis. Constant amortizationstarting from the third year.

7 ) - Rates applied to debenture loans7.1) - Borrowings issued by the financial institutions

49

X-2 INTEREST RATES (Continuing 4)

Issuing Institutions Amounts Duration Rates in % Observationsdates in MTD in Number

of Years05/07/2001 CIL 2001-1 15 5 7.40 "A-" long term rating. constant amortization.05/07/2001 EO-AL 2001-1 20

First portion (10) 7 7.50 Reimb. at 14 dinars per bond during the first six years.then at 16 dinars at the end of the seventh year.

Second portion (10) 10 7.75 Constant amortization "BBB" long term rating.20/08/2001 EO-ATL 2001-1 10 5 7.35 Constant amortization. "A" long term rating.27/08/2001 EO BTEI 2001 10 7 7.25 Constant amortization. "AA" long term rating.03/09/2001 TL.2001-1 10 5 7.40 Annual constant amortization. "A-" long term rating.22/10/2001 Modern leasing 2001 30 7 TMM+1.00 With 2 years of grace.constant amortization starting

the third year.27/11/2001 "UBCI 2001" 20 7 TMM+0.75 Total refund at the end of the seventh year (31/12/2008)10/12/2001 BH 60 7 TMM+1.25 With 2 years of grace. Annual constant amortization.12/12/2001 GL 2001-2 10 7 7.5 With 2 years of grace. Annual constant amortization.13/12/2001 EO.AL 2001-2 5 7 7.5 Annual constant amortization.24/12/2001 TL.2001-2 10 5 7.4 Annual constant amortization.25/12/2001 EO-ATL 2001-2 20 5 7.4 Ann.constant amort"A" rating by MAGHREB RATING.17/01/2002 Amen Bank 2001 30 10 TMM+1.00 Annual constant amrtization.11/02/2002 CIL 2002-1 15 5 TMM+1.25 Ann.const. amort."A-" rating by MAGHREB RATING.10/04/2002 Tunisie Factoring 7 5 7.6 Ann.const. amort."BBB"rating by MAGHREB RATING.31/05/2002 AIL 2002 10 5 7.4 Ann.const. amort. Guaranteed by UIB, BTKD and BH.04/06/2002 GL 2002-1 10 7 7.5 Ann. const. amortization. 2 years of grace. "BBB+" long

term rating.24/06/2002 TL 2002-1 15 5 7.4 Ann. const. amortization.Amort. "A-".24/07/2002 CIL 2002-2 15 7 TMM+1.25 Ann. const. amortization. 2 years of grace. "A-" long

or 7.5 term rating.as preferred

29/07/2002 ATL 2002-1 15 5 7.4 Annual constant amortization. 2 years of grace. "A" long19/08/2002 BTKD 2002 20 5 TMM+1 or term rating.

7.4 as preferred Annual constant amortization "AA-"long term rating.26/08/2002 AL 2002-1 15 7 7.5 Annual amortisation at 14 dinars during the first 6 years

then at16 dinars the seventh year "BBB" long term rating.22/08/2002 BIAT 2002 50 7 TMM+1 Annual constant amortization.31/01/2003 CIL 2002/3 12 7 TMM+1.25 Annual constant amortization. With 2 years of grace "A-"

or 7.5 long term rating.as preferred

31/01/2003 ATL 2002/2 10 5 7.4 Annual constant amortization."A" long term rating.31/01/2003 TL. 2002/2 10 5 7.4 Constant annual amortization."A-" long term rating.16/06/2003 GL 2003/1 10 7 TMM+ 1.25 or Annual constant amortization. With 2 years of grace

7.5 as preferred long term rating "BBB+"watched over by MAGHREB RATING20/08/2003 CIL 2003/1 15 7 TMM+1.25 or Annual constant amortization with 2 years of grace

7 as preferred long term rating "BBB"watched over by MAGHREB RATING10/12/2003 TL. 2003/1 10 5 7.4 Annual constant amortization. "BBB+" long term rating.30/12/2003 ATL 2003/1 20 5 TMM+1.5 or Annual constant amortization. "BBB+" long term rating.

7.4 as preferred19/01/2004 GL 2003/2 10 7 TMM+1.25 or Annual constant amortization. 2 years of grace.

7.5 as preferred long term rating "BBB"watched over by MAGHREB RATING

X-2 - INTEREST RATES (Continuing 4)

50

Issuing Institutions Amount Duration Rates in %Dates in MTD in Number Observations

of Years

18/02/1997 Sté ULYSSE 6 7 9.50 Guaranteed by AB, ATB, BNA and UIB11/05/1998 SPRIC 1998 9 7 9.00 Guaranteed by UIB, BS and BDET. With 2 years of grace.01/06/1998 SAMARA 1998 2 7 8.25 Guaranteed by STB. With 2 years of grace. Constant17/03/1999 MXI 99 (MEUBLATEX) 5 5 7.00 Guaranteed by AB(2.5MTD) and BIAT(2.5MTD). Const. amortiz.30/03/1999 M.G 99 5 7 7.00 Guaranteed by AB(2.5MTD) and BIAT(2.5MTD). With 2 years of

(H. Mouradi Golf) grace. Constant amortization starting the third year.14/05/1999 B.M.G (Briquet. 6 10 7.75 Guaranteed by AB(2.3MTD), UIB(1.8MTD), ATB(1.8MTD) and

Moderne Grombalia) BNA (0.9MTD). Constant amortizatiion06/03/2000 H. Djerba Aghir 4.15 10 7.00 With 2 years of grace.Constant amortization starting the

third year. Guaranteed by BT, BTEI and BTKD.02/05/2000 BATAM 2000 10 5 7.75 "BBB+" long term rating. Annual constant amortization.28/11/2000 Miramar 2000 4 6 7.00 One year of grace. Constant amortization starting the

second year. Guaranteed by BS.04/04/2001 H. Houria 2001 8.6 10 7.30 Two years of grace.Constant amortization starting the

third year. Guaranteed by STB, BTKD, BTL and BTQI.07/05/2001 Jerba Menzel 2001 7 7 7.75 Amortization in fine. Guaranteed by BNA and BS.07/05/2001 Palm Marina 2001 7 7 7.25 Two years of grace. Constant amortization.

guaranteed by BNA and BS.01/10/2001 Pénélope 2001 4 7 7.50 Two years of grace. Annual constant amortization.

guaranteed by BTEI.15/10/2001 CDS 2001 5.5 5 8.75 Annual constant amortization. "BB+" long term rating.10/12/2001 El Mazraa 2001 10 7 7.25 Two years of grace. Annual constant amortization.07/01/2002 CPSCL-2001 30 10 7.50 Two years of grace. Annual constant amortization.

"AA" long term rating11/02/2002 SOTUVER 2002 6 7 TMM+2 Amortization in fine. "BBB" long term rating.23/05/2002 PANOBOIS 2001 5 7 7.50 Annual constant amortization. Two years of grace.

guaranteed by BNA et BS.30/07/2002 El Mouradi 2002 8 7 7.50 Annual constant amortization. Two years of grace.

guaranteed by STB (4.5 MTD) and l'UIB (3.5 MTD).19/08/2002 Meublatex 2001 10 7 7.50 Annual constant amortization. Two years of grace.

guaranteed by BS (5 MTD), l'AB (3 MTD) and BIAT (2 MTD).26/08/2002 Touta 2002 6 7 7.50 Annual constant amortization. Two years of grace.

guaranteed by UIB (3.3 MTD) and BIAT (2.7 MTD).04/09/2002 BATAM 2002 30 7 8.75 Annual constant amortization. Two years of grace.

"BBB-" long term.30/01/2003 SEPCM 2002 5 7 7.50 Annual constant amortization. Guaranteed by BS31/01/2003 VAGA 2003 6.5 7 7.50 Annual constant amortization with two years of grace.

guaranteed by BH28/04/2003 SELIMA CLUB 2002 6 7 7.50 Constant annual amortization with Two years of grace

guaranteed by AB (3.0) and BIAT (3.0).14/08/2003 AFRICA 2003 10 7 7.50 Constant annual amortization with Two years of grace

guaranteed by BS (3.5 MDT), BH (3.5 MDT), ATB (1 MDT)and BNA (2 MDT).

X-2 INTEREST RATES (Continuing 5)

7.2)- Borrowing issued by the companies

51

X-2-1- EFFECTIVE AVERAGE INTEREST RATES ( TEM ) (1)( In %)

Year 2003CATEGORY OF ASSISTANCE

First Second First Second First Second Firsthalf half half half half half half

1) Short term loans exclusive of overdrafts 8.67 8.75 8.71 8.60 8.63 8.61 8.45 2) Overdrafts backed or not to drafts 9.65 9.89 9.67 9.94 10.12 9.97 9.83 3) Consumer loans 11.16 11.10 11.11 11.06 10.95 10.95 11.22 4) Medium term loans 9.23 8.88 8.85 8.86 8.74 8.64 8.42 5) Long term loans 11.07 10.22 10.22 9.36 9.25 8.42 9.07 6) Loans for housing financing 9.58 9.28 9.46 9.48 9.35 9.47 9.02 7) Student loans 7.52 7.76 8.31 7.68 7.89 7.57 7.61 8) Leasing of capital goods ans real estates 13.83 13.29 13.56 12.71 12.67 12.35 12.18

X-2-2- THRESHOLD OF EXCESSIVE INTEREST RATES CORRESPONDING TO TEM (2) (In %) to to to to to to to

CATEGORY OF ASSISTANCE second first second first second first second half half half half half half half 2000 2001 2001 2002 2002 2003 2003

1) Short term loans exclusive of overdrafts 11.56 11.67 11.61 11.47 11.51 11.48 11.27 2) Overdrafts backed or not to drafts 12.86 13.19 12.89 13.25 13.49 13.29 13.11 3) Consumer loans 14.88 14.80 14.81 14.75 14.60 14.60 14.96 4) Medium term loans 12.30 11.84 11.80 11.81 11.65 11.52 11.23 5) Long term loans 14.76 13.63 13.63 12.48 12.33 11.23 12.09 6) Loans for housing financing 12.77 12.37 12.61 12.64 12.47 12.63 12.03 7) Student loans 10.02 10.35 11.08 10.24 10.52 10.09 10.15 8) Leasing of capital goods ans real estates 18.44 17.72 18.08 16.95 16.89 16.47 16.24

The footnotes of this page are explained in the methodological pages.

X-3- REMUNERATION OF THE MAIN FORMS OF DEPOSITS

I- SIGHT ACCOUNTS AND ALL DEPOSITS OR In the limit of two percentage INVESTMENTS IN DINAR ( of less than 3 months) points

II- SAVINGS ACCOUNTS Interest rate of the This remuneration is current month fixed by automatically adjusted reference to the money each time the money market market average rate of the average rate varies by at previous month reduced by least 1/4 of a percentage two percentage points. point.

III-FOREIGNERS'ACCOUNTS IN At least the money marketCONVERTIBLE DINAR OF TUNISIAN average rate of the consideredINDIVIDUALS LIVING ABROAD period reduced by two

percentage points. IV- FORWARD ACCOUNTS, COMMERCIALPAPER AND OTHER FINANCIAL PRODUCTS(of a duration ranging between a minimum of 3 months and a maximum of 5 years)

52

free

RELATING RATES

X-2. INTEREST RATES ( 6 continuing and end)

free

Remuneration Observations

Year 2000 Year 2001 Year 2002

XI-1- AVERAGE RATES OF THE CURRENCIES QUOTED ON THE INTERBANK EXCHANGE MARKET

- Rate at the last working day of the period (1st line)

Currencies Symbol

2000 2001

Unit

- Average of the period (2nd line)- Average rates in dinar concern only cash transactions (1)

2002 2003 2003 2003 2003 2003 2003 2003

July Augu. Sept. Oct. Nov. Dec.

Algerian Dinar

Saudi Ryal

Canadian Dollar

Danish Kroner

U.S Dollar

Sterling Pound

Japanese Yen

Libyan Dinar

Morrocan Dirham

Mauritanian Ouguiya

Norwegian Krone

Swedish Krona

Swiss Franc

Kuwaiti Dinar

U.A.E dirham

EURO

DZD

SAR

CAD

DKK

USD

GBP

JPY

LYD

MAD

MRO

NOK

SEK

CHF

KWD

AED

EUR

10

10

1

100

1

1

1000

1

10

100

100

10

10

1

10

1

0,1845

0,1819

3,7099

3,6357

0,9249

0,9217

17,3314

16,8787

1,3853

1,3716

2,0509

2,0702

12,1131

12,6904

2,5531

2,6721

1,3080

1,2905

0,5489

0,5680

15,5123

15,4671

1,4490

1,4915

8,4646

8,1064

4,5549

4,4364

3,7509

3,7107

1,2897

1,2633

0,1878

0,1858

3,8707

3,8135

0,9204

0,9270

17,2906

17,1789

1,4683

1,4390

2,1267

2,0649

11,1927

11,7993

2,2475

2,3877

1,2623

1,2736

0,5488

0,5590

16,1329

15,8887

1,3792

1,3859

8,6829

8,5100

4,7255

4,6569

3,9913

3,8915

1,2982

1,2877

0,1710

0,1685

3,2060

3,4048

0,9355

0,9163

20,4084

19,4425

1,2083

1,2877

2,1546

2,0943

11,2459

11,0600

0,9178

0,9994

1,3649

1,3391

0,4543

0,4849

18,0809

18,0496

1,6740

1,5857

9,7546

9,5337

4,0788

4,2818

3,2735

3,4767

1,5241

1,4573

0,1691

0,1664

3,4056

3,3991

0,9104

0,9250

19,4667

19,4671

1,2891

1,2853

2,0809

2,0797

10,752

10,7865

0,9264

0,9218

1,3305

1,3384

0,4889

0,4866

17,7117

17,4416

1,5766

1,5766

9,4260

9,3857

4,2651

4,2431

3,4772

3,4678

1,4603

1,4611

0,1733

0,1698

3,4906

3,4391

0,9357

0,9243

19,1645

19,3451

1,3090

1,2986

2,0644

2,0615

11,1852

10,8822

0,9309

0,9263

1,3264

1,3363

0,4958

0,4921

17,1913

17,3996

1,5464

1,5584

9,2582

9,3693

4,3683

4,3045

3,5640

3,5114

1,4370

1,4474

0,1679

0,1690

3,3840

3,4268

0,9374

0,9447

19,6873

19,4219

1,2629

1,2952

2,0931

2,0721

11,3602

11,2138

0,9302

0,9287

1,3387

1,3354

0,4769

0,4886

17,8708

17,6013

1,6316

1,5928

9,4935

9,3534

4,2587

4,3125

3,4552

3,4971

1,4746

1,4539

0,1735

0,1684

3,3612

3,3480

0,9576

0,9510

19,7302

19,7579

1,2726

1,2666

2,1552

2,1153

11,5662

11,493

0,9380

0,9305

1,3611

1,3528

0,4792

0,4778

17,8896

17,8371

1,6384

1,6327

9,5674

9,5072

4,2835

4,2647

3,4319

3,4241

1,4809

1,4819

53

0,1883

0,1796

3,3012

3,3525

0,9669

0,9613

19,9881

19,8026

1,2500

1,2655

2,1447

2,1260

11,3256

11,5383

0,9247

0,9330

1,3490

1,3544

0,4701

0,4794

18,2057

17,9516

1,6595

1,6373

9,6007

9,4586

4,2030

4,2742

3,3707

3,4226

1,4948

1,4813

0,1710

0,1779

3,2060

3,2607

0,9355

0,9337

20,4084

20,2059

1,2083

1,2311

2,1546

2,1453

11,2459

11,3627

0,9178

0,9281

1,3649

1,3735

0,4543

0,4633

18,0809

18,2198

1,6740

1,6683

9,7546

9,7073

4,0788

4,1488

3,2735

3,3286

1,5241

1,5131

The footnote of this page is explained in the methodological pages.

0,1685

0,1784

3,5498

3,7585

0,8453

0,9016

18,7731

17,9190

1,3341

1,4212

2,1349

2,1242

11,2187

11,3004

1,0943

1,1133

1,3101

1,2887

0,4967

0,5186

19,1443

17,7422

1,5225

1,4556

9,6329

9,1085

4,4438

4,6346

3,6605

3,8375

1,3983

1,3418

XI-2- DAILY RATES OF THE MAIN CURRENCIES QUOTED ON THE INTERBANK EXCHANGE MARKET

(Average rates in dinar concern only cash transactions (1))

Days US Euro Yens

Dollar

1 1 1000 Days US Euro Yens 1 1 1000

US Euro Yens 1 1 1000 Days

Oct. 2003 Nov. 2003 Dec. 2003

Dollar Dollar

010203

0607080910

1314151617

2021222324

2728293031

1.26401.26581.2657

1.27181.26061.25911.26181.2615

1.26691.27121.26851.27141.2755

1.27091.27041.26471.26201.2620

1.26331.26551.26701.26981.2726

1.47721.48151.4801

1.47531.48431.48531.48731.4865

1.47801.48081.48081.48041.4780

1.48071.47981.48121.48711.4872

1.48501.48101.48391.48201.4809

11.312711.303411.3688

11.302211.331711.384311.452311.6700

11.556311.600011.487811.476711.6315

11.552311.445511.471411.407211.4233

11.642011.584811.613611.755011.5662

03040506

1011121314

1718192021

24

2728

1.27721.28721.28701.2875

1.28401.27851.27351.25981.2557

1.25521.25781.24351.24791.2555

1.2589

1.25551.2500

1.47981.47461.47431.4738

1.47581.47051.47361.47291.4800

1.48191.48001.48481.48821.4919

1.4902

1.49571.4948

11.450111.532811.609611.7260

11.691211.694811.604911.609611.5777

11.445911.556511.435411.426611.4416

11.5341

11.490011.3256

0102030405

0809101112

1516171819

2223242526

293031

1.24831.25001.24211.24231.2416

1.23641.23051.23751.23781.2341

1.23601.22781.22611.22511.2247

1.22431.22531.22521.22341.2209

1.22441.22541.2083

54

XI-3 EXCHANGE RATE OF THE DINAR IN S.D.R (2)

1.49711.49671.50301.50271.5013

1.50641.50781.50861.50611.5101

1.50951.51511.51551.52001.5214

1.52181.52091.52001.52331.5210

1.52451.52661.5241

11.321611.327211.370211.407211.4041

11.419611.422311.347811.350611.3673

11.378311.333111.361211.317211.3069

11.317611.419011.331511.330111.4430

11.502611.317911.2459

PERIODS: (Situation at the end of April)

1994 1995 1996 1997 1998 1999 2000 2001 2002

XI-4 CONVERSION RATES OF THE CURRENCIES OF THE EURO ZONE COUNTRIES

1 EURO = 6.55957 FRF = 1.95583 DEM = 40.3399 BEF = 40.3399 LUF = 0.787564 ULP = 1936.27 ITL = 166.386 ESP = 2.20371 NLG = 13.7603 ATS = 200.482 PTE = 5.94573 FIM = 340.75 GRD

The footnotes of this page are explained in the methodological pages.

Rate in S.D.R 0.680709 0.688055 0.700642 0.669293 0.639694 0.624689 0.554399 0.552486 0.540979 0.556730

2003

(Rates of end of period in TND)2000 2001 2002

ValuesDec. Dec. Dec. April May June July August Sept. Oct. Nov. Dec.

AMEN BANK 22.000 19.800 19.780 19.000 19.000 17.900 18.200 18.200 18.200 18.000 18.000 19.480ATB 14.500 13.000 11.100 11.300 10.530 10.830 12.150 12.140 11.890 11.900 11.920 11.900BH 11.500 8.600 7.960 8.100 7.550 7.400 7.800 7.900 8.300 8.100 8.190 8.300BIAT 22.400 22.400 20.000 19.500 18.000 17.800 17.660 17.720 18.100 18.200 17.900 18.300BNA 14.900 15.000 11.640 11.100 11.100 9.980 10.000 9.750 9.740 9.500 9.700 9.980BS 8.040 9.000 8.660 8.850 9.070 9.490 9.970 9.650 9.950 9.960 9.900 10.000BT 67.000 58.000 51.000 49.200 50.060 51.000 51.000 51.000 51.000 51.000 51.080 52.500BTEI 19.700 19.350 17.750 21.480 17.800 19.500 19.500 19.500 19.400 19.200 19.020 19.180STB 12.360 10.300 8.890 8.580 8.000 7.050 7.140 6.910 7.180 6.690 6.690 6.880UBCI 33.000 25.000 18.000 17.810 18.500 18.770 20.760 21.900 23.900 24.920 25.600 25.380UIB 11.900 13.800 14.000 13.790 13.360 13.490 13.240 12.940 12.480 12.250 12.000 12.500ASTREE 46.300 43.520 21.160 21.160 21.700 22.000 21.950 21.920 22.000 21.920 22.000 22.000LA CARTE 28.800 30.520 20.680 16.700 16.700 16.100 16.100 16.100 16.690 16.690 16.690 16.690STAR 13.310 13.960 8.180 7.380 9.420 6.950 7.260 6.270 6.270 5.390 6.740 5.910Amen Lease 29.200 20.880 15.610 11.640 11.550 11.200 10.600 10.000 10.000 10.000 10.000 10.000ATL 32.000 24.600 16.890 16.600 15.600 14.700 14.000 13.000 13.900 12.600 12.710 13.500CIL 28.000 22.780 15.680 13.600 13.510 12.630 12.900 12.510 11.900 12.000 12.000 12.730G. Leasing 23.580 18.900 15.680 13.290 11.800 11.690 10.960 9.690 9.900 9.200 9.140 8.770Tsie Leasing 42 980 24.800 16.900 18.100 17.700 16.700 16.700 18.880 18.000 18.000 18.030 16.500Plac. Tsie SICAF 15.750 14.520 12.620 11.070 11.110 11.110 11;330 11.000 11.200 11.200 11.200 10.870SPDIT-SICAF 28.020 19.280 21.300 16.400 15.350 17.600 20.700 22.500 21.900 21.960 22.200 22.800TUNINVEST-SICAR 14.720 11.160 7.000 8.300 8.070 7.600 7.700 7.500 7.500 7.400 7.600 7.510Air Liq. Tsie 182.000 212.000 203.400 189.000 189.100 188.900 200.00 208.000 177.000 185.000 183.800 183.000ALKIMIA 30.000 34.480 32.500 38.140 36.680 34.000 40.680 40.700 32.500 32.500 29.600 33.200AMS 7.720 6.300 4.500 4.080 3.000 3.120 2.820 2.500 2.400 3.080 4.340 3.370BATAM* 21.980 13.000 2.600 - - - - - - - - -ELECTROSTAR - 11.460 6.120 5.780 5.000 4.630 5.440 4.460 4.990 4.800 4.660 4.150EL MAZRAA 13.000 10.500 7.100 6.300 6.560 7.640 6.510 6.520 6.400 6.260 6,200 6,880ICF 60.000 47.000 41.000 39.000 34.800 33.840 39.140 37.060 35.900 32.920 35,900 35,980Magasin Général 13.000 11.490 6.980 7.370 7.420 7.420 7.200 7.660 7.200 7.000 7,590 7,090MONOPRIX 30.500 27.180 22.900 22.760 21.400 22.100 24.400 25.000 25.500 25.000 24.920 25.000PBHT 7.300 5.700 6.580 4.530 4.530 4.540 4.790 4.650 4.650 4.790 4.650 4.920SFBT 182.000 79.500 40.080 50.400 45.000 45.000 49.000 47.500 46.700 47.000 47.580 47.840SIAME 66.000 38.620 25.480 23.000 19.780 20.740 19.000 19.780 19.380 19.000 21.400 21.880SIMPAR 15.100 14.000 15.300 13.560 14.370 14.500 15.110 15.000 14.090 13.870 13.870 14.220SIPHAT - 10.700 8.990 9.000 8.900 7.980 8.600 8.240 7.900 7.920 8.120 7.900SOTETEL 196.000 60.500 32.580 45.740 47.200 49.980 47.500 46.240 45.540 44.500 45.240 41.400SOTRAPIL - 15.100 12.000 16.200 14.500 15.520 14.300 14.000 13.400 13.500 13.260 13.300SOTUMAG 17.000 14.000 10.360 11.000 10.600 9.780 10.790 11.320 11.100 10.780 10.730 10.600SOTUVER 18.500 16.390 9.400 9.640 8.600 8.400 9.000 8.670 7.980 7.510 7.960 8.200STIL 4.060 3.300 2.790 1.240 1.020 1.080 1.050 1.000 1.100 1.120 1.100 1.700Tsie Lait 11.930 10.430 5.260 4.570 4.570 4.570 4.570 4.570 4.980 7.810 12.450 14.270Tunisair 10.300 7.390 4.400 5.840 5.980 6.100 6.460 6.450 5.900 6.100 6.000 6.680STEQ - 15.100 5.270 6.460 5.900 5.080 5.060 4.770 4.980 4.900 5.750 5.700STIP** - - 8.600 8.690 7.520 7.620 6.950 6.700 6.000 5.070 5.800 5.740SOMOCER** - - 18.500 21.000 21.700 21.800 21.740 19.000 19.000 19.000 19.000 19.300

Source : Tunis Stock Exchange

XII -1- TREND IN LISTED SHARES PRICES

55

* BATAM company was on the off-list as of 10 February 2003.** STIP and SOMOCER were listed on 29/01/02 and 23/12/02 respectively.

2003

(Figures of end of period)

BVMT Number Stock Index of Market

Periods Adjusted on listed Capitalis. Official quotation Off-list + Registry transactions Total

31/03/1998 companies Shares Bonds & Treas. Total Shares Bonds Total to 465.77 bonds neg. on (1) (2) (1)+(2)

(in units) (in MDT) & Rights Stock Market & Rights

1997 455.64 34 2632 230.4 56.6 287.0 293.5 9.5 303.0 590.01998 464.56 38 2452 181.3 55.2 236.5 688.2 2.3 690.5 927.01999 810.24 44 3326 552.7 0.8 553.5 324.2 2.8 327.0 880.52000 1424.91 44 3889 909.0 10.5 919.5 891.7 3.2 894.9 1814.42001 996.09 45 3275 496.5 11.9 508.4 694.9 0.3 695.2 1203.62002 782.93 46 2842 333.7 8.9 342.6 660.6 3.0 663.6 1006.2

TUNINDEX Number of

Periods Index days Official Quotation

(base 1000 of Shares Bonds & Treas. Total Shares Bonds Total quotation & bonds neg. on (1) (2) (1)+(2)

on 31/12/97) Rights Stock Market & Rights_______ ___________ __________ ________ _________________________ _________ __________________ _______1997 1000.00 248 22482 485 22967 9644 418 10062 3302901998 917.08 250 10845 72 10917 15464 36 15500 264171999 1192.57 256 27478 6 27484 13150 36 13186 406702000 1442.61 247 28719 20 28739 29826 37 29863 586022001 1266.89 248 20931 147 21078 29706 3 29709 507872002 1119.15 249 17023 21 17044 26131 33 26164 43208

(Figures of end of period)

BVMT TUNINDEX Number Stock Volume of Transactions Index of Market

Periods Adjusted on Index listed Capitalis. Securities Handled ( in thousands)

31/03/1998 (base 1000 companies Shares Bonds & Treas. Total Shares Bonds Totalto 465.77 on 31/12/97) bonds neg. on &

(in unit) (in MTD) & Rights Stock Market Rights__________ __________ ___________ __________________________________________ _________ __________________________Jan. 2002 1043.21 1275.55 46 3342 45.5 0.0 45.5 2027 0 2027Feb. 1032.77 1271.71 46 3390 30.6 0.0 30.6 1828 0 1828March 1013.31 1255.31 45 3293 16.2 1.2 17.4 792 13 805Apr. 897.30 1198.08 45 3133 21.8 0.0 21.8 1357 0 1357May 866.07 1197.40 45 3048 24.0 0.0 24.0 1508 0 1508June 830.87 1188.99 45 2990 22.9 0.0 22.9 1275 0 1275July 816.93 1182.00 45 2953 13.9 0.0 13.9 747 0 747Aug. 764.83 1141.89 45 2850 11.4 0.6 12.0 729 7 736Sept. 855.99 1197.33 45 2998 14.6 0.0 14.6 836 0 836Oct. 798.90 1138.03 45 2835 17.4 0.0 17.4 1038 0 1038Nov. 798.20 1126.31 45 2803 8.5 0.0 8.5 673 0 673Dec. 782.93 1119.15 46 2842 106.9 7.1 114.0 4213 1 4214

_____ ____ _____ _____ ___ _____Total 333.7 8.9 342.6 17023 21 17044

Jan. 2003 733.56 1054.20 46 2685 10.8 0.0 10.8 824 0 824Feb. 730.33 1046.05 45 2615 9.6 0.0 9.6 761 0 761March 759.13 1041.05 45 2604 14.5 0.7 15.2 971 7 978Apr. 922.03 1181.15 45 2938 30.7 0.0 30.7 1629 0 1629May 876.04 1155.77 45 2822 21.1 0.0 21.1 997 0 997June 899.02 1166.07 45 2809 26.1 0.1 26.2 1346 2 1348July 961.83 1231.78 45 2943 17.7 0.0 17.7 1158 0 1158Aug. 945.88 1220.82 45 2922 10.4 0.0 10.4 537 0 537Sept. 937.02 1218.53 45 2906 28.2 3.2 31.4 973 29 1002Oct. 930.73 1216.12 45 2895 19.4 0.0 19.4 1279 100 1379Nov. 943.54 1224.02 45 2920 14.0 0.0 14.0 835 0 835Dec. 939.78 1250.18 45 2976 27.0 3.2 30.2 1910 31 1941

_____ ____ _____ ______ ___ _____Total 229.5 7.21 236.7 13220 169 13389

Source : Tunis stock exchange.

56

_____________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________

_________________________

Volume of transactions

___________________________________________________________________

_____________________________________

Total_________________________________________________________________

Funds Handled (in MTD)

XII-2- ANNUAL TREND IN THE MAIN STOCK MARKET INDICATORS

XII-3- MONTHLY TREND IN THE MAIN STOCK MARKET INDICATORS ON THE OFFICIAL QUOTATION

____________________________________________________________________________

_________________________________________________________________

____________________________________________________________________________

_____________________________________________________________________________________________________________________

off-list + Registry transactions

_____________________________________________________________________________________________________________________

Number of Securities Handled in thousands

Off-List Registry transactions

Periods Funds Handled Securities Handled Funds Handled Securities Handled(in MTD) (in thousands)_______ _____________

Shares & Bonds Total Shares & Bonds. Total Shares & Shares &rights rights rights rights

March 2000 0.6 0.0 0.6 23 0 23 27.2 8967Apr. 0,4 0.0 0.4 38 0 38 25.6 864May 2.0 0.0 2.0 54 0 54 98.1 3452June 3.2 0.0 3.2 62 0 62 42.6 1446July 0.6 0.0 0.6 50 0 50 48.1 4562Aug. 0.6 0.0 0.6 50 0 50 17.6 1361Sept. 0.6 0.0 0.6 62 0 62 115.2 1950Oct. 1.5 0.0 1.5 53 0 53 27.0 1571Nov. 0.6 0.1 0.7 40 2 42 74.0 1632Dec. 4.7 2.6 7.3 359 30 389 42.0 1295____ ____ _____ ____ ___ ____ ______ ______Total 2000 17.0 3.2 20.2 915 37 952 874.7 28911

Jan. 2001 13.7 0.0 13.7 86 0 86 14.1 556Feb. 4.7 0.0 4.7 201 0 201 28.3 1057March 4.0 0.0 4.0 67 0 67 25.6 1337Apr. 7.2 0.3 7.5 145 3 148 111.3 6443May 5.5 0.0 5.5 96 0 96 56.2 1885June 4.1 0.0 4.1 58 0 58 61.0 1203July. 0.9 0.0 0.9 21 0 21 37.5 2672Aug. 4.1 0.0 4.1 64 0 64 61.7 3568Sept. 0.9 0.0 0.9 61 0 61 18.9 839Oct. 8.7 0.0 8.7 202 0 202 35.5 1609Nov. 4.2 0.0 4.2 81 0 81 24.3 1223Dec. 0.5 0.0 0.5 54 0 54 162.0 6178_____ _____ _____ _____ _____ _____ ______ ______Total 2001 58.5 0.3 58.8 1136 3 1139 636.4 28570

Jan. 2002 0.8 0.0 0.8 41 0 41 7.1 254Feb. 1.0 0.0 1.0 70 0 70 24.4 721March 0.4 0.0 0.4 20 0 20 14.6 395Apr. 3.3 0.0 3.3 73 0 73 29.5 1243May 32.1 0.0 32.1 1868 0 1868 31.0 2580June 3.8 1.2 5.0 82 12 94 17.6 1270July. 3.2 0.0 3.2 295 0 295 15.4 853Aug. 0.7 0.0 0.7 57 0 57 25.1 1493Sept. 8.5 0.0 8.5 150 0 150 9.2 650Oct. 6.4 0.0 6.4 153 0 153 187.4 3023Nov. 1.0 0.0 1.0 44 0 44 157.5 6348Dec. 1.4 1.8 3.2 136 21 157 79.2 4312_____ _____ _____ _____ _____ _____ ______ ______Total 2002 62.6 3.0 65.6 2989 33 3022 598.0 23142

Jan. 2003 1.3 0.0 1.3 34 0 34 17.2 1212Feb. 2.6 0.0 2.6 117 0 117 12.4 1139Mach 6.4 0.0 6.4 111 0 111 25.9 802Apr. 9.3 0,0 9.3 607 0 607 27,0 1578May 3.3 0.2 3.5 189 2 191 57.7 2842June 0.5 0.0 0.5 14 0 14 224.1 6845July 4.4 0.0 4.4 106 0 106 21,0 1903Aug, 11.4 0.0 11.4 442 0 442 18.6 988Sept. 1.2 0.0 1.2 15 0 15 15.8 733Oct. 2.2 2.0 4.2 150 311 461 33.3 1681Nov. 3.1 0.0 3.1 53 0 53 18.1 722Dec. 15.8 0.1 15.9 677 1 678 166.6 10476_____ _____ _____ _____ _____ _____ ______ ______Total 61.5 2.3 63.8 2515 314 2829 637.7 30921

Source : Tunis Stock Exchange.

XII -4 - OFF-LIST AND REGISTRY TRANSACTIONS

57

(in MTD) (in thousands)

_____________________________________________________________________________

_________________________ _____________________

XIII-1 SIGHT DEPOSITS AT DEPOSITS BANKS

( exclusive of home savings )

XIII-3 HOME SAVINGS AT THE BANQUE DE L'HABITAT

1991199219931994199519961997199819992000200120022003

1991199219931994199519961997199819992000200120022003

1991199219931994199519961997199819992000200120022003

Jan. Feb. March April May June July Aug. Sep. Oct. Nov. Dec.



1296433 1282643 1323998 1284857 1293479 1273458 1302535 1251236 1302865 1238689 1238628 13939631227330 1235475 1313170 1259866 1244455 1336619 1301380 1381749 1334731 1286895 1314905 15058681273066 1270170 1265278 1209357 1188843 1280050 1323470 1297546 1298341 1251424 1268256 16152001441012 1502531 1521927 1506566 1536744 1591787 1639923 1675662 1661703 1720856 1718669 18801161709662 1655773 1679005 1628004 1678909 1700185 1765646 1851790 1831274 1806292 1772555 20099691871234 1820732 1788463 1815698 1821182 1853184 1905684 1955299 1964336 1902735 1943040 22698122146185 2096207 2150215 2114103 2060727 2113898 2181600 2223725 2278349 2188016 2227789 27091222284351 2257692 2209788 2203263 2304226 2323958 2428715 2551898 2471985 2449304 2529214 29216372600603 2571973 2674935 2718963 2766374 2760433 2807829 2964342 2944427 2907781 2996426 32263073240609 3126358 3071368 3043726 3173185 3273991 3394174 3458576 3462377 3519877 3452052 35544083417109 3398649 3574794 3585251 3550149 3650693 3707820 3657721 3553941 3610514 3665306 39208643884079 3660406 3558417 3535388 3535200 3663886 3659680 3697146 3673048 3510849 3454429 36680123522799 3446117 3547856 3485351 3551715 3690365 3690239 3936796 4035299 3790816 3776101

1574965 1593913 1606661 1626425 1629279 1635273 1638385 1651411 1673373 1694409 1710431 18168041855049 1869157 1886373 1904737 1899976 1900174 1898164 1904664 1927935 1947533 1959705 20800432080970 2079932 2106514 2104334 2100153 2122164 2125660 2127361 2149638 2168248 2183590 23185002298633 2290224 2308920 2299496 2305689 2300211 2295353 2297965 2313807 2322179 2338783 24411442386809 2362227 2354857 2342484 2341466 2326559 2313206 2311250 2324409 2339376 2357383 24655392467250 2481526 2477391 2478873 2488085 2484926 2490209 2491934 2519512 2542475 2561356 27205832718334 2750432 2779639 2808514 2824991 2831549 2842484 2855228 2892552 2916327 2936811 30780013071283 3036256 3034534 3046174 3046578 3054450 3072502 3077232 3106050 3126362 3142570 32738933272641 3270846 3287024 3299178 3306247 3309274 3314101 3323665 3358370 3381424 3404940 35118843528688 3517874 3530780 3532423 3542651 3551097 3563254 3571681 3601174 3623980 3641978 37610363769028 3760374 3775313 3785312 3798981 3802709 3811715 3844881 3888111 3919883 3946283 40814284085514 4090018 4084289 4111523 4050032 4041182 4050800 4028259 4047305 4060166 4076302 42113994219270 4232097 4230980 4235845 4240263 4232169 4238268 4249950 4279201 4299709 4334612

212765 213563 213705 214931 215484 216494 216350 217961 220656 219966 220205 234500236151 236049 235920 238563 237918 237222 239057 239501 240384 240683 241609 255712257219 257493 259144 263912 262840 262954 262058 262859 263938 261743 263077 263077279351 279752 281928 284373 287283 290200 293484 285548 302948 306184 309299 314739311666 313378 317699 318940 319123 319949 321500 324206 328669 332941 337032 342941346651 352610 357594 365902 366313 370616 370921 376803 381000 384149 389116 395019401244 410674 417631 424687 430231 432827 437294 444596 451363 458938 465024 471456479877 568020 497132 507158 514598 521068 526311 533198 537447 534506 535219 535143523508 519854 518507 520240 517310 516579 515842 516180 517918 520139 521335 511084513972 521614 524831 525918 526915 527101 528061 530955 534626 537422 538696 541297544199 545333 547986 548933 549477 550146 549468 550591 552695 555529 558796 570912582817 588940 593390 598950 556701 554643 609059 615306 622659 628757 635220 645300649269 653491 657097 661844 665713 667204 669764 674250 678494 684016 688354

XIII-2 OVERALL SAVINGS AT DEPOSIT BANKS




58

XIII-4 OVERALL SAVINGS AT THE (CEP) (1)

XIII-5 SAVINGS IN FOREIGN CURRENCY AT THE (CEP) (2)

19811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003

1985198619871988198919901991199219931994199519961997199819992000200120022003



70255 71266 71477 71820 72742 73057 74146 73961 74282 77119 79550 8273988337 89488 89874 90761 92091 92395 93548 93117 93946 95227 97193 98767

106413 108167 109205 109689 110702 111979 112105 111607 113057 114518 116576 118430126816 128016 128290 128592 128575 128967 127693 125578 125738 127102 127815 128689138716 139657 140081 139740 139829 139526 137591 135989 135502 136301 136721 138146149570 151172 152028 151860 152358 151432 149775 149065 149442 150716 152866 154928169301 171480 172096 172183 173520 173385 172071 172868 174462 176538 179738 196712199904 201530 202154 204580 206399 207003 207852 208790 211692 215474 219475 237350241578 244848 247580 250852 252429 251911 250908 249338 251143 254589 258756 280761284946 288072 288182 289626 288507 286975 284956 282590 284306 287704 289971 319164318527 320647 321828 322904 321722 321787 319469 318341 320052 322833 325795 360425365363 368957 370739 371403 369889 369849 368473 367033 368945 373183 376975 410914415415 414356 414945 411919 412016 412478 410221 406452 407261 409369 412788 446055449875 450279 451579 451369 455120 453816 451126 447031 448853 452121 456774 488491491344 490909 489384 488709 492536 492271 489575 485763 488315 492694 497680 530339535912 537769 535831 537395 540501 539577 536987 534339 537956 542368 548434 583148590907 595437 597224 602582 604172 603068 598931 594096 596966 602354 607263 635029639768 641321 640607 646462 647978 650692 653945 649512 653569 656670 660630 687276696367 700806 708120 712134 715122 714792 712568 709323 714319 719986 726263 759702768529 776620 787512 792256 795856 795621 793588 790916 797035 802354 805794 836615850901 858324 868675 877098 883203 883593 881741 881421 887480 896782 902601 941938947035 961248 964379 972378 975261 974938 968861 965555 968042 972078 976208 1022263

1025941 1044174 1047316 1056432 1059000 1059386 1059069 1056865 1059992 1065193 1076503

2736 2710 2731 2721 2722 2722 2681 2594 2523 2532 2524 25482815 2823 2842 2842 2881 2889 2846 2816 2854 2885 2952 29803328 3332 3353 3411 3480 3452 3315 3273 3247 3270 3282 36573698 3715 3000 3692 3690 3743 3665 3504 3514 3516 3548 39583977 4035 4031 4044 4047 4038 3960 3826 3781 3785 3809 42574247 4228 4242 4344 4371 4333 4247 4146 4119 4150 4165 46214638 4650 4696 4699 4687 4670 4595 4440 4411 4416 4435 49284970 4962 4939 4959 4958 4957 4890 4794 4757 4747 4748 53185343 5407 5411 5476 5513 5499 5426 5337 5393 5391 5424 60125990 5968 5982 5981 5985 6065 5983 5944 5855 5900 5922 65506552 6627 6732 6729 6719 6722 6610 6524 6569 6593 6604 72767252 7340 7328 7391 7381 7397 7322 7383 7343 7394 7394 81568128 8123 8141 8212 8155 8205 8073 8571 8518 8533 8553 91679121 9131 9166 9103 8382 8385 8241 8205 8160 8142 8133 85468527 8400 8329 8267 8269 8203 8042 8067 8048 8045 8041 84488385 8364 8366 8364 8356 8252 8145 8070 8068 8005 7998 84148449 8428 8394 8358 8421 8475 8478 8309 8378 8393 8408 87538755 8715 8737 8692 8689 8662 8562 8481 7761 7673 7680 80627931 7931 7931 7979 8005 7983 7870 7810 7775 7813 7803



59

________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________

________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________

_____

_____

The footnotes of this page are explained in the methodological pages Source: Ministry of communications

XIII-6. TOTAL INDEBTEDNESS (E.T) (1)

( In million dinars unless otherwise indicated )_______________________________________________________ _________________ _________ _________________ ________

Designation 1995 1996 1997 1998 1999 2000 2001 2002_______________________________________________________ _________________ _________ _________________ ________

Financing of the financial system 12458 13993 15628 16790 18853 21080 22844 23890

- Net claims on the state 1316 1271 1636 1587 2365 3276 3207 3338

- Financing of the economy 11142 12722 13992 15203 16488 17804 19637 20552

Financing on the domestic markets 2951 3297 3189 3740 3562 3356 3827 3788

- Money market 2572 2872 2595 3197 2428 1326 646 455

° State 1811 2241 2066 2525 1801 815 265 53

° Other non-financial economic operators 761 631 529 672 627 511 381 402

- Bond market 379 425 594 543 1134 2030 3181 3333

° State (2) 294 345 497 447 1052 1950 3042 3181

° Other non-financial economic operators 85 80 97 96 82 80 139 152_______________________________________________________ _________________ _________ _________________ ________

Total domestic loans (C.I.T) 15409 17290 18817 20530 22415 24436 26671 27678

External financing (3) 9085 9620 10820 10858 12795 13691 15033 16115_______________________________________________________ _________________ _________ _________________ ________

Total Indebtedness (E.T) 24494 26910 29637 31388 35210 38127 41704 43793_______________________________________________________ _________________ _________ _________________ ________

M4 Monetary aggregate (annual average) 10325 11557 12984 13986 15347 16377 17537 18148

G.D.P in current prices 17052 19066 20898 22561 24672 26685 28741 29890_______________________________________________________ _________________ _________ _________________ ________

C.I.T/E.T ( in % ) 62,9 64,3 63,5 65,4 63,7 64,1 64,0 63,2

Financing of the financial system /C.I.T (in %) 80,8 80,9 83,1 81,8 84,1 86,3 85,6 86,4

- Net claims on the state /C.I.T ( in % ) 8,5 7,3 8,7 7,7 10,6 13,4 12,0 12,1

- Financing of the economy /C.I.T ( in % ) 72,3 73,6 74,4 74,1 73,5 72,9 73,6 74,3

Financing of the financial system /C.I.T (in %) 50,9 52,0 52,7 53,5 53,5 55,3 54,8 54,6

- Net claims on the state /E.T ( in % ) 5,4 4,7 5,5 5,1 6,7 8,6 7,7 7,6

- Financing of the economy /E.T ( in % ) 45,5 47,3 47,2 48,4 46,8 46,7 47,1 46,9

E.T/G.D.P (in %) 143,6 141,1 141,8 139,1 142,7 142,9 145,1 146,5

Liqudity ratio : M4/G.D.P (in %) 60,6 60,6 62,1 62,0 62,2 61,4 61,0 60,7

_______________________________________________________ _________________ _________ _________________ ________

(1) The footnote of this page is explained in the methodological pages.(2) National borrowing Treasury bonds negociable on the stock market, bonds equivalent to Treasury bonds andshort term Treasury bonds.(3) The outstanding balance of middle and long term debt.

-60 -

GENERAL

ECONOMIC

STATISTICS

XIV- INDUSTRIAL PRODUCTION INDEX (1)

WEIGHTINGS

Overallindex

Agro-food

indus.

Building materials,ceramics

Textiles,clothing &leather

Miscel- laneousindus.

PERIODS Mechanic.&electr.indus.

chemical indus.

Mining Energy(hydro-

carbons)

Electr-icity &water

( 1990 = 100 monthly average )

(100) (15.3) (7.4) (9.3) (6.6) (19.5) (8.3) (3.6) (23.2) (6.8)

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002

April 2001MayJuneJulyAugu.Sept.Oct.Nov.Dec.

Janu. 2002Febr.MarchAprilMayJuneJulyAugu.Sept.Oct.Nov.Dec.

Janu. 2003Febr.MarchAprilMayJuneJulyAugu.Sept.Oct.Nov.

107.6 111.8 112.1 117.7 121.4 124.7 130.1 139.1 146.5 155.7 165.0 164.9

169.8 171.5 174.1 171.6 149.9 165.9 169.7 159.2 156.6

164.1 152.1 172.8 167.4 171.5 171.2 175.8 154.2 161.7 175.2 160.7 151.6

161.4 147.2 166.2 169.0 173.1 173.4 179.5 155.6 164.5 170.4 151.4

109.3 116.7 112.4 118.3 116.7 121.6 136.1 137.5 151.0 159.6 159.9 164.9

160.4 164.0 156.4 166.7 175.1 168.7 160.1 148.4 139.9

156.0 155.3 164.6 162.5 169.4 159.2 185.6 183.0 175.2 167.0 151.0 150.3

172.2 158.6 162.4 169.8 171.3 170.9 189.7 189.9 185.2 169.0 148.1

102.9 103.0 111.2 113.2 117.3 116.4 117.9 127.8 137.0 153.1 165.0 167.8

176.4 179.1 174.5 168.3 170.8 175.1 181.7 161.0 143.4

162.0 136.9 166.6 168.5 178.4 174.8 179.1 178.4 177.5 189.3 145.6 155.9

154.2 131.8 171.4 175.7 180.4 178.2 186.0 179.1 176.3 182.9 136.1

107.6 111.1 110.5 118.4 118.0 125.0 134.3 153.1 170.0 185.8 207.2 204.4

219.2 231.1 219.1 197.8 149.6 226.0 227.4 203.3 179.6

207.4 183.1 231.0 218.8 219.8 210.6 197.5 163.1 187.4 245.3 211.6 176.8

210.4 179.3 232.1 249.0 247.0 233.5 208.2 157.2 226.8 255.8 217.9

106.5 110.7 111.5 125.3 132.7 139.0 142.4 152.3 155.8 163.1 171.5 173.4

171.3 158.7 182.2 188.3 176.0 173.8 180.9 162.2 162.9

170.4 152.8 162.8 172.2 165.5 189.5 192.9 174.7 173.8 189.1 164.1 173.5

163.8 142.2 168.7 162.4 183.2 179.3 198.3 171.7 175.9 179.3 168.4

107.5 117.7 131.2 146.2 157.8 159.2 167.3 181.0 186.3 210.2 233.5 227.9

247.1 244.1 259.8 247.1 166.7 220.9 234.7 228.8 225.1

231.5 219.9 250.7 233.9 241.2 246.9 252.2 168.5 207.0 239.5 238.4 205.4

220.1 212.3 248.4 232.0 232.8 234.5 233.3 161.2 190.8 211.9 196.3

101.2 104.1 108.9 115.4 116.2 114.1 120.6 131.3 138.3 143.0 160.6 154.4

161.1 171.6 166.4 164.7 161.3 160.8 171.8 157.7 151.4

153.5 159.0 163.4 161.0 159.8 149.3 149.8 144.7 152.4 162.1 152.6 145.4

149.8 148.6 154.6 151.9 150.2 162.9 172.9 155.3 163.2 170.5 154.9

100.4 96.0 82.8 89.1

112.7 118.7 105.6 128.2 137.1 137.6 135.9 128.7

132.4 137.6 145.0 137.1 138.8 131.0 122.9 132.0 141.3

130.7 105.3 129.5 123.9 130.3 128.3 119.7 134.9 133.3 136.5 133.1 138.5

121.5 118.9 133.0 134.4 139.8 133.6 128.2 133.5 139.5 147.5 145.3

113.2 113.3 102.2 96.9 95.1 99.6 98.6

102.0 102.2 98.1 94.1 95.9

99.8 97.2 96.0 91.4 84.6 88.9 93.7 92.6

104.4

99.1 89.3

104.8 101.3 102.4 97.8 93.4 93.5 93.5 97.0 90.0 88.2

91.8 78.0 77.7 93.7 97.6 94.3 97.4 93.4 90.5

.. ..

102.8 108.4 113.0 119.6 126.0 128.8 136.6 144.4 157.2 166.0 176.9 185.0

161.0 173.5 188.6 216.7 211.6 189.1 182.3 161.9 166.9

177.6 154.4 170.6 167.1 178.9 204.0 227.0 218.7 196.4 187.0 168.1 169.7

179.1 161.5 174.2 171.6 189.4 214.1 252.3 242.6 200.6

.. ..


62Source: National Statistics Institute

XV. INDUSTRIAL SALE PRICE INDEX (1)

WEIGHTINGS :

Overallindex

Agro-food indus.

Building materials,ceramics

Textiles,clothing&leather

Miscel-laneousindus.

PERIODS Mechanic.&electr. indus.

Chemicalindus.

Mining Energy (hydro- carbons)

Electr- icity & water


____________________ _______ _______ _______ ________ _______ _______ _________ _______ ________ _______(100) (31.0) (8.0) (11.2) (5.9) (11.3) (11.9) (2.2) (12.2) (6.3)

1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002

April 2001MayJuneJulyAugu.Sept.Oct.Nov.Dec.

Janu. 2002Febr.MarchAprilMayJuneJulyAugu.Sept.Oct.Nov.Dec.

Janu. 2003Febr.MarchAprilMayJuneJulyAugu.Sept.Oct.Nov.

110.1 114.4 118.2 123.9 128.5 132.5 137.1 139.0 142.0 144.5 148.2

143.4 143.6 143.9 144.6 145.0 145.0 145.2 146.7 147.0

147.8 147.8 147.7 147.9 148.2 147.4 147.4 148.2 148.8 149.2 149.3 149.0

149.1 149.0 149.3 150.4 150.7 151.0 151.2 152.6 154.0 154.7 154.7

115.7 120.7 125.2 131.0 140.6 147.0 152.5 155.6 160.1 163.5 171.3

160.5 160.8 161.0 163.7 165.1 165.1 165.1 168.0 169.1

171.2 170.7 170.5 171.0 170.6 168.2 168.5 170.8 172.6 174.1 174.3 173.4

173.1 172.5 173.3 173.4 173.8 173.8 173.5 178.1 182.4 184.1 183.3

111.8 114.5 113.8 112.1 110.4 111.5 113.5 116.2 116.9 117.8 123.1

117.8 117.8 117.8 117.8 117.8 117.8 118.1 118.1 118.3

118.6 120.1 120.0 120.3 124.5 124.5 124.5 124.9 124.9 124.9 124.9 124.9

126.0 126.0 125.9 126.0 129.4 129.4 131.4 130.9 130.9 130.9 131.1

103.6 106.8 108.6 113.3 115.8 117.7 120.1 120.5 121.4 122.8 124.0

122.7 122.9 122.9 122.9 122.9 122.9 122.9 122.9 123.3

123.7 123.6 123.9 123.9 123.9 124.0 123.9 124.0 124.0 124.1 124.2 124.2

124.7 125.1 125.1 126.3 126.2 126.9 127.5 127.6 127.4 127.4 127.4

103.7 112.5 117.9 123.2 128.4 132.2 134.9 135.9 136.3 139.1 139.7

139.8 139.8 139.9 139.9 139.8 139.8 139.7 139.0 139.0

139.0 139.4 139.4 139.5 139.4 139.6 140.1 140.0 140.1 140.1 140.1 139.9

141.5 141.5 143.7 144.0 143.9 143.9 143.9 143.9 145.4 146.1 147.3

108.2 116.3 121.4 129.8 137.0 139.3 142.8 142.5 142.5 144.6 144.7

144.3 144.8 144.9 144.9 145.0 145.1 145.0 145.1 144.0

144.4 144.4 144.5 144.5 145.2 145.3 145.4 145.5 145.4 143.9 144.2 144.2

144.3 144.9 144.9 145.0 145.0 145.2 145.6 145.4 145.2 145.8 146.6

118.2 121.3 131.9 148.6 148.6 150.5 157.3 159.3 159.8 162.7 167.5

161.6 161.6 162.0 162.0 162.2 162.3 162.4 167.4 167.4

167.5 167.6 166.7 166.7 167.5 167.5 167.5 167.5 167.6 167.8 167.9 168.0

168.0 168.1 168.1 168.3 168.5 168.5 168.5 168.5 168.6 170.0 170.2

109.1 105.5 97.6 93.6 111.5 142.4 155.8 157.5 164.8 155.3 155.3

153.3 156.7 161.5 160.0 155.8 154.5 156.0 155.6 158.3

158.8 160.7 161.8 163.0 158.5 156.8 149.8 151.3 151.6 151.7 150.0 148.6

141.9 140.7 140.8 142.3 136.4 135.1 137.6 139.0 139.9 135.7 135.6

100.1 101.5 101.6 102.1 102.1 103.9 109.1 110.6 119.6 122.8 123.1

122.8 122.8 122.8 122.8 122.8 122.8 122.8 122.8 122.8

122.8 122.8 122.8 122.8 122.8 122.8 122.8 122.8 122.8 123.8 123.8 123.8

123.8 123.8 123.8 128.0 128.1 128.1 128.1 128.1 128.1 128.1 128.1

106.2 109.6 114.8 118.6 119.9 120.9 123.2 126.2 127.9 132.4 134.2

132.1 132.1 132.1 132.1 132.1 132.1 134.2 134.2 134.2

134.2 134.2 134.2 134.2 134.2 134.2 134.2 134.2 134.2 134.2 134.2 134.2

134.2 134.2 134.2 139.7 139.7 142.1 142.1 142.1 142.1 142.1 142.1


63Source : National Statistics Institute

XVI-1-A GENERAL INDEX OF HOUSEHOLD CONSUMER PRICES


F o o d Housing Cloth- Clea- Trans- Leisure,GENERAL _______________________________________ ________________ ing ning, port cult.&

overall Fruits cereal meat, Eggs, Overall Water, health miscel- INDEX index and based offal& dairy index heat & &pers. laneous

PERIODS vege- pro- poultry products light caretables ducts & oils

WEIGHTINGS : 100,000 41,224 (12,293) (5,237) (9,120) (6,741) 18,728 (4,769) 10,393 9,106 8,777 11,772

1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002

2001 I II III IV

2002 I II III IV

Janu. 2002 Febr. March April May June July Augu. Sept. Oct. Nov. Dec.

Janu. 2003 Febr. March

108.2 114.5 119.1 124.6 132.4 137.3 142.4 146.8 150.8 155.2 158.2 162.6

156.9 156.7 158.6 160.6

161.8 161.6 162.5 164.3

162.0 162.0 161.5 161.7 161.7 161.4 161.7 162.4 163.3 164.1 164.4 164.5

164.5 164.4 164.5

108.7 114.0 116.9 121.9 132.0 137.0 142.8 146.6 150.0 156.7 159.4 165.3

158.0 156.7 159.9 163.2

165.2 163.9 164.6 167.3

165.3 165.4 164.8 164.6 164.2 162.9 163.1 164.9 165.8 167.1 167.6 167.2

167.0 167.1 167.0

107.9 105.3 104.7 111.4 125.2 125.7 128.6 128.8 128.5 140.0 141.9 149.5

140.1 140.4 143.7 143.8

148.3 150.0 150.1 149.4

147.5 148.2 149.1 150.2 150.1 149.8 149.9 150.3 150.2 150.1 149.5 148.5

147.4 147.7 147.7

109.8 118.6 126.3 133.5 139.2 144.9 160.0 173.8 185.8 190.8 197.9 208.1

191.0 191.1 204.5 205.1

206.0 206.2 209.1 211.2

206.0 206.0 206.1 206.2 206.2 206.2 206.2 210.5 210.5 210.5 211.5 211.5

211.5 211.5 211.6

114.7 126.8 127.2 127.1 131.7 137.7 148.9 152.5 157.0 165.1 165.9 170.7

169.6 160.4 162.2 171.3

173.7 166.6 166.3 176.2

175.8 174.2 171.2 169.0 167.9 162.8 162.9 166.3 169.7 174.6 176.8 177.2

177.6 176.5 176.0

104.4 108.4 114.2 120.2 134.2 141.7 142.2 144.8 145.7 147.5 151.1 157.1

146.6 150.5 152.3 155.0

156.5 154.9 157.1 160.1

155.6 157.6 156.4 155.4 154.5 154.7 155.7 157.2 158.3 160.0 160.8 159.4

159.2 159.9 159.3

105.3 111.8 116.1 120.6 125.4 129.2 132.2 135.9 140.7 144.5 148.5 151.5

147.0 148.2 148.9 149.9

150.5 151.1 152.1 152.4

150.5 150.5 150.5 150.5 150.8 152.1 152.1 152.1 152.1 152.2 152.3 152.8

152.9 153.0 153.1

105.9 113.9 120.5 126.9 132.1 136.4 141.3 145.4 151.5 153.7 158.6 161.0

156.9 158.4 158.4 160.9

161.0 161.0 161.0 161.0

161.0 161.0 161.0 161.0 161.0 161.0 161.0 161.0 161.0 161.0 161.0 161.0

161.0 161.4 161.6

108.0 116.9 123.4 129.0 138.6 147.4 152.8 159.2 163.4 164.7 167.5 170.0

166.5 167.3 167.5 168.7

169.3 170.2 170.2 170.3

170.3 169.9 167.7 170.0 170.2 170.5 171.0 170.7 168.9 169.8 170.5 170.6

170.5 168.9 169.4

106.6 112.8 119.6 128.3 135.2 137.3 144.3 147.0 152.7 156.0 158.6 161.2

157.9 158.1 159.0 159.4

159.9 160.6 162.1 162.4

159.9 159.9 160.0 160.4 160.6 160.7 162.0 162.1 162.2 162.2 162.3 162.6

162.6 162.6 163.3

64

Source : National Statistics Institute

109.9 118.7 127.1 131.9 134.1 136.8 138.4 142.9 147.3 150.0 153.4 157.7

151.4 151.4 154.9 156.0

156.3 156.4 157.2 161.0

156.3 156.3 156.3 156.3 156.4 156.4 156.4 156.4 158.9 160.2 160.2 162.5

162.5 162.5 162.5

111.3 116.9 121.2 128.6 136.3 143.5 149.4 156.6 159.7 162.0 164.5 168.7

163.5 163.8 164.7 165.9

167.3 167.3 168.7 171.5

167.3 167.3 167.3 167.3 167.3 167.4 167.4 167.4 171.4 171.5 171.5 171.6

171.8 171.9 172.0

XVI-1-B GENERAL INDEX OF HOUSEHOLD CONSUMER PRICES


F o o d Housing Cloth- Clea- Trans- Leisure,GENERAL _______________________________________ ________________ ing ning, port cult.&

overall Fruits cereal meat, Eggs, Overall Water, health miscel- INDEX index and based offal& dairy index heat & &pers. laneous

PERIODS vege- pro- poultry products light caretables ducts & oils

WEIGHTINGS : 100,000 36,507 (10,830) (5,398) (6,967) (6,595) 17,913 (4,741) 11,714 10,451 10,543 12,872

2000 2001 2002 2003

2002 I II III IV

2003 I II III IV



100.0 102.0 104.7 107.6

104.4 104.3 104.6 105.7

105.8 106.4 108.0 110.2

104.4 104.6 104.3 104.5 104.4 104.1 104.2 104.5 105.0 105.5 105.7 105.9

105.8 105.8 105.8 106.1 106.5 106.6 107.0 107.9 109.1 109.8 110.2 110.6

100.0 102.0 106.1 109.7

106.2 105.4 105.5 107.2

107.1 107.6 110.3 113.8

106.0 106.4 106.1 106.0 105.6 104.6 104.7 105.7 106.2 107.1 107.4 107.2

107.1 107.1 107.0 107.3 107.6 107.8 108.3 110.6 112.1 113.1 113.9 114.3

100.0 ..

107.5 109.5

107.7 108.0 107.2 107.1

106.7 108.5 109.7 113.2

107.0 107.7 108.3 108.7 108.1 107.2 107.0 107.3 107.3 107.3 107.1 107.0

106.6 106.7 106.8 107.9 108.7 108.9 109.0 109.6 110.4 111.6 113.3 114.6

100.0 ..

108.3 112.8

107.3 107.4 108.7 109.8

110.0 110.1 114.3 116.8

107.3 107.3 107.4 107.4 107.4 107.4 107.4 109.4 109.4 109.5 109.9 109.9

109.9 110.0 110.0 110.0 110.1 110.1 110.1 116.3 116.6 116.7 116.8 116.8

100.0 ..

104.0 112.6

104.9 101.7 101.7 107.7

106.7 106.4 114.0 123.3

106.3 105.0 103.5 103.0 102.8 99.2 99.6

101.6 103.8 106.8 108.0 108.3

107.7 106.3 106.0 106.1 106.1 106.9 109.0 113.9 119.2 122.3 122.9 124.8

100.0 ..

107.8 110.4

107.6 106.3 107.5 109.9

109.5 109.0 111.1 111.9

106.3 108.8 107.7 106.8 106.1 106.0 106.5 107.6 108.3 109.9 110.4 109.4

109.2 109.9 109.3 108.9 109.2 109.0 109.7 111.3 112.3 112.5 112.6 110.7

100.0 102.4 104.2 106.3

103.8 104.1 104.4 104.6

105.0 105.9 106.8 107.3

103.8 103.8 103.9 103.9 104.0 104.4 104.4 104.4 104.4 104.5 104.5 104.8

105.0 105.0 105.0 105.4 106.0 106.3 106.7 106.8 107.0 107.1 107.1 107.8

100.0 ..

105.4 108.2

105.4 105.4 105.4 105.4

105.4 108.0 109.6 109.6

105.4 105.4 105.4 105.4 105.4 105.4 105.4 105.4 105.4 105.4 105.4 105.4

105.4 105.4 105.4 106.6 108.7 108.7 109.6 109.6 109.6 109.6 109.6 109.7

100.0 101.7 103.2 104.1

102.9 103.3 103.1 103.5

103.2 103.6 103.8 105.7

103.5 103.3 101.9 103.2 103.3 103.4 103.5 103.3 102.6 103.2 103.7 103.7

103.7 102.9 102.9 103.3 103.6 103.9 104.1 103.7 103.6 104.8 105.7 106.6

100.0 101.5 103.0 105.8

102.4 102.7 103.5 103.5

103.9 104.4 105.8 109.2

102.4 102.4 102.5 102.7 102.7 102.8 103.4 103.5 103.5 103.5 103.5 103.6

103.8 103.8 104.1 104.3 104.4 104.4 104.6 104.9 107.8 109.1 109.2 109.3

65


100.0 102.0 104.4 109.1

103.6 103.6 104.1 106.2

107.1 108.4 109.8 111.1

103.6 103.6 103.6 103.6 103.6 103.6 103.6 103.6 105.1 105.8 105.8 107.1

107.1 107.1 107.1 108.3 108.5 108.5 108.6 109.8 110.9 111.1 111.1 111.0

100.0 102.0 104.7 107.0

104.0 104.2 104.8 105.9

106.3 106.4 107.1 108.2

104.0 104.0 104.0 104.2 104.2 104.2 104.2 104.2 105.9 105.9 105.9 106.0

106.2 106.3 106.3 106.3 106.4 106.5 106.6 106.7 107.9 108.2 108.2 108.2

XVII-1. CEREALS

Areas (in 1000 of ha.)

___________________________ _______ _______ _______ _______ ______ ________ _______ _______ _______ _______ ______SEASONS

Production (in 1000 of quintals) Yields (in quintals/ha)

Hard Soft Barley Total Hard Soft Barley Total Hard Soft Barleywheat wheat (1) wheat wheat (1) wheat wheat (1)

1975-1976 1976-1977 1977-1978 1978-1979 1979-1980 1980-1981 1981-1982 1982-1983 1983-1984 1984-1985 1985-1986 1986-1987 1987-1988 1988-1989 1989-1990 1990-1991 1991-1992 1992-1993 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 2002-2003

1266 1079 1031 1046 818 822 666 956 785 883 725 867 598 825 795 894 836 909 810 774

1109 673 822 850 857 705 639 794

126 104 101 88 80 94 88

120 117 180 115 153 102 174 161 179 145 178 139 139 167 142 144 148 134 119 117 133

576 311 497 642 413 529 442 713 579 855 440 690 490 711 595 589 518 575 531 427 736 311 480 520 597 437 404 592

1968 1494 1629 1776 1311 1445 1196 1789 1481 1918 1280 1710 1190 1710 1551 1662 1499 1662 1480 1340 2012 1126 1446 1518 1588 1261 1160 1519

7000 4800 6500 6000 7400 8044 7529 5095 5843

10693 3780

10651 1671 3333 8972

14235 13231 11336 4362 4723

17056 7232

10901 11440 7060 9351 3705

16460

1100 900 1000 800 1290 1590 1631 1087 1272 3112 960 2948 530 870 2246 3626 2610 2790 664 585 3121 1617 2634 2530 1356 1831 517 3374

2400 1000 2000 2700 2960 2699 3386 3035 3121 6989 1315 5690 699

2153 5112 7650 6109 5013 1517 890

8495 1690 3114 4155 2450 2362 912

9207

10500 6700 9500 9500

11650 12333 12546 9217

10236 20794 6055

19289 2900 6356

16330 25511 21950 19139 6543 6198

28672 10539 16649 18125 10866 13544 5134

29041

5.53 4.45 6.31 5.74 9.05 9.79

11.31 5.33 7.44

12.11 5.21

12.29 2.79 4.04

11.29 15.92 15.83 12.47 5.39 6.10

15.38 10.75 13.26 13.46 8.24

13.26 5.80

20.73

8.73 8.65 9.90 9.09 16.13 16.92 18.53 9.06 10.87 17.29 8.35 19.27 5.20 5.00 13.95 20.26 18.00 15.67 4.78 4.21 18.69 11.39 18.29 17.10 10.12 15.39 4.42 25.37

66

XVII-2. MAIN AGRICULTURAL PRODUCTION OTHER THAN CEREALS

1999199819971996199519941993____________________________ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______

Olive oil

Citrus Fruitsof which:Maltese orangesTangerines,mandarin andwilkings

Lemon

135.0

281.0

156.0

51.0

17.0

210.0

208.0

105.0

39.0

18.0

70.0

194.0

101.0

39.6

12.5

60.0

210.0

120.0

38.4

15.1

310.0

211.0

101.0

43.6

11.0

90.0

229.2

121.5

40.2

14.7

180.0

210.5

104.5

38.0

17.0

225.0

225.5

115.0

37.2

18.3

115.0

240.0

110.0

41.5

22.8

30.0

235.5

102.5

42.5

24.4

Sources: Statistics Directory (INS) and the Ministry of Agriculture,Environment and Hydraulic Resources

4.17 3.22 4.02 4.21 7.17 5.10 7.66 4.26 5.39 8.17 2.99 8.25 1.43 3.03 8.59

12.99 11.79 8.72 2.86 2.08

11.54 5.43 6.49 7.99 4.10 5.41 2.26

15.55

72.0

224.7

95.4

30.8

27.3

2001PRODUCTS

200.0

209.0

94.7

24.6

20.1

(1) Including triticale

Sources: National Oil Board (ONH), Interprofessional Citrus Fruits and Fruit Group (GIAF) and the Ministry of Agriculture, Environment and Hydraulic Resources

1992SEASONS 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

2000 2002 2003 2004

- - - - - - - - - - - -

(in thousands of tons)

XVII-2. MAIN AGRICULTURAL PRODUCTION OTHER THAN CEREALS (continuing)

(in thousands of tons unless otherwise indicated)

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002___________________________ _______ _______ _______ _______ ______ ________ _______ _______ _______ _______ ______

2003PRODUCTS

Various sorts of beans Garden peas and chickpeas Tomatoes Melons and watermelons Potatoes Peppers Artichokes Wine (96.6 Kg=1hl) Table grapes Table olives Apricot Dry-shell almond Dates(1) Of wich : degla Sugar beet (Gross) Crude tobacco Esparto grass Wood (in 1000 of m3) Natural cork Meat and offal beef lamb goat poultry Fresh milk Eggs (in millions) Fishing(Fish and shellfish)

43.0 33.0

420.0 330.0 200.0 180.0 13.0 33.2 60.0 13.0 24.0 47.0 86.1 52.1

245.8 5.8

47.0 232.5

8.8 151.8 47.9 42.6 7.9

53.4 486.0 966.0 83.8

16.4 15.0

480.0 375.0 210.0 165.0 17.0 28.4 60.0 13.0 26.5 52.0 74.0 46.5

231.5 2.9

37.0 323.7

9.3 153.4 49.2 43.6 8.3

52.3 523.0

1041.0 87.0

26.4 11.0

580.0 300.0 233.0 150.0 22.0 28.2 60.0 8.6

26.0 35.0 83.6 51.5

270.0 3.7

40.0 138.7

7.6 159.2 50.4 45.7 8.3

54.8 565.0

1096.0 83.6

37.3 16.1 700.0 370.0 270.0 190.0 21.0 21.3 55.0 9.0

25.0 42.0 73.6 48.7 305.5 2.7

42.0 110.2 6.3

162.2 51.8 47.2 7.7

55.5 615.0

1270.0 84.2

24.0 11.3

500.0 315.0 289.0 186.0 24.0 35.9 63.0 13.0 26.0 51.0 95.0 65.0

268.0 4.5

44.0 371.2

6.6 169.7 51.7 46.6 7.7

63.7 657.0

1400.0 89.0

34.3 17.8

663.0 300.0 295.0 189.0 23.0 34.0 62.0 15.0 27.0 58.7

103.0 69.0

142.6 4.5

56.0 250.0 10.1

186.2 52.9 49.9 9.2

74.2 734.0

1407.0 90.0

44.6 13.8

930.0 350.0 320.0 185.0 19.0 45.3 76.0 14.0 30.7 58.0

103.0 65.0 89.4 2.8

50.0 300.0 12.1

201.2 57.5 52.9 9.8

81.0 817.0

1523.0 93.2

26.5 15.7

950.0 370.0 290.0 190.0 17.0 39.7 83.0 14.0 28.0 60.0

105.0 69.0 20.7 3.1

45.0 262.0

6.5 210.1 59.8 54.1 9.2

87.0 887.0

1476.0 95.1

18.9 11.3

750.0 380.0 330.0 214.0 18.0 31.0 76.0 16.0 25.0 32.0

105.0 65.1

- 3.5 39.0

260.0 6.3

216.5 60.3 55.9 9.3 91.0

934.0 1434.0

98.6

22.3 9.8

810.0 411.0 310.0 242.0 15.5 26.2 76.0 12.4 25.0 18.5

115.0 71.6

- 2.8

35.0 ..

5.6 216.8 59.8 57.5 9.5

90.0 945.0

1487.0 96.7

67The footnotes of this page are explained in the methodological pages. Source: Concerned bodies

XVII-3. PRODUCTION PRICES OF SOME AGRICULTURAL PRODUCTS

2002200120001999199819971996199519941993__________________________________ ______ ______ ______ ______ ______ ______ ______ ______ ______ ______ _______

Cereals: basic prices Hard wheat Soft wheat Barley (1) Triticale (1)Olive oil (2) Minimum advance Maximum advance (Extra high quality oil) Price complementDates:Degla Wine 12 degrees Advance Price complementSugar beet Maximum sale price Esparto grass sale price Tomatoes Minimum sale price to industrials

26.000 22.500 15.000 17.000

1.055

1.315 -

1.300

35.832 7.212

44.000

45.000

70.000

26.000 22.500 22.500 17.000

1.055

1.315 0.300 1.300

36.288 11.700

47.000

45.000

85.000

27.500 24.000 20.000 17.000

2.330

2.730 0.150 1.250

36.348 12.340

47.000

55.000

85.000

28.500 25.000 17.000 17.000

1.420

1.800 -

1.250

42.000 7.400

47.000

55.000

90.000

28.500 25.000 17.000 17.000

1.420

1.800 -

1.250

42.000 -

40.033

55.000

95.000

28.500 25.000 17.000 17.000

1.005

1.300 0.600 1.300

39.240 4.896

40.597

55.000

95.000

28.500 25.000 17.000 17.000

2.000

2.300 -

1.350

39.240 4.284

39.164

65.000

95.000

29.500 26.000 17.000 17.000

1.450

1.700 -

1.400

42.624 -

39.228

65.000

95.000

29.500 26.000 17.000 17.000

1.450

1.700 -

1.450

50.400 -

-

65.000

95.000

29.500 26.000 17.000 17.000

1.650

1.950 -

1.500

.. ..

-

65.000

95.000

Sources:The Ministry of Agriculture, Environment & Hydraulic Resources, National Statistics Institute and concerned bodies

35.8 17.8

900.0 390.0 290.0 245.0 13.0 38.6 90.0 10.2 30.0 40.0

111.0 69.0

- 2.0

40.0 ..

5.2 221.2 62.7 59.0 9.5

90.0 930.0

1399.0 100.0

29.500 26.000 17.000 17.000

1.750

2.100 - ..

.. ..

-

80.000

95.000

2003PRODUCTS units

quintal

kg

kg hl

ton

ton

ton

(in dinars)

XVIII-1. MINING AND ENERGY PRODUCTION

In thousand tons

PERIODS

kWh

Lime Iron Lead Zinc Heavy spar Sea salt Crude Elec- phosphate oil tricity ore ore ore (barite)

106

January fst 2 monthsfst 3 monthsfst 4 monthsfst 5 monthsfst 6 monthsfst 7 monthsfst 8 monthsfst 9 monthsfst 10 monthsfst 11 monthsyear

January fst 2 monthsfst 3 monthsfst 4 monthsfst 5 monthsfst 6 monthsfst 7 monthsfst 8 monthsfst 9 months

4503 4995 4745 5924 5385 4505 5734 6216 6026 6610 6259 6353 6335 5476 5655 6302 7151 7222 7951 8006 8301 8144 7735

605 1103 1760 2396 3074 3747 4366 5085 5745 6411 7048 7735

570 1126 1784 2453 3179 3904 4551 5207 5834

389 400 275 313 309 307 310 291 326 280 291 295 332 354 288 226 239 266 222 222 183 204 198

17 31 49 67 88

110 134 140 151 161 179 198

8 22 37 49 62 76 90 98

117

13.9 10.2 8.6 7.9 6.5 4.0 3.1 3.4 3.6 2.7 3.6 1.3 1.2 0.8 3.0

11.3 7.7 2.3 7.0

10.0 10.6 11.2 8.2

0.8 1.6 2.5 3.3 4.0 4.6 5.1 5.5 6.2 6.8 7.5 8.2

0.7 1.5 2.2 3.0 3.5 4.1 4.8 5.2 5.9

16.8 14.9 15.2 13.7 12.1 10.1 8.1

10.7 16.3 17.4 13.5 9.4 4.0 2.4

23.0 80.6 58.0 5.4

57.1 89.2 75.0 72.9 64.9

5.8 11.1 17.2 21.9 26.7 31.4 35.9 40.6 46.7 53.1 59.5 64.9

6.5 12.5 18.4 24.8 30.1 35.2 40.4 43.8 48.6

27.0 25.0 33.0 22.0 11.0 1.0

14.0 17.0 29.0 33.0 31.0 45.0 30.0 15.0 15.7 8.1

16.1 12.8 8.5 3.6 4.9 4.0 5.5

0.2 0.7 1.5 2.0 2.8 3.5 4.0 4.1 4.4 5.0 5.2 5.5

0.5 0.8 0.9 1.2 1.6 1.7 1.8 1.8 2.1

317 432 408 350 330 382 417 422 332 528 445 406 422 375 415 319 597 437 466 455 620 654 616

134 208 228 268 298 323 355 406 440 481 538 616

88 194 291 326 361 394 425 455 502

5626 5401 5102 5531 5480 5408 5250 4987 4908 4927 4503 5195 5187 4641 4364 4215 4183 3787 3976 4027 3741 3421 3476

302 569 888

1193 1501 1801 2090 2372 2654 2946 3217 3476

265 501 743

1019 1310 1590 1872 2142 2407

2431 2677 2738 3091 3418 3571 3751 4016 4278 4485 4863 5096 5479 5705 6031 6625 6852 7387 7936 8639 9222 9787

10340

856 1591 2393 3173 4006 4919 5937 6926 7838 8712 9516

10340

858 1631 2449 3249 4097 5064 6229 7359 8288


19801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002

2002

2003

XVIII-2. MAIN PRODUCTION OF MINING AND ENERGY BY-PRODUCTS

Triple superphos-

phate45 %

Phos- phoricacid 54 %

Diammo-nium phosphate

Lime Refined motor fuel PERIODS

Ironrods

Cement Natural Gas

Petrol paraf- gas-oil fuel-oilfin oil

I n t h o u s a n d t o n s of mIn 106 3


January fst 2 monthsfst 3 monthsfst 4 monthsfst 5 monthsfst 6 monthsfst 7 monthsfst 8 monthsfst 9 months

612 618 611 633 627 804 957

1000 922 901 793 714 787 642 821 780 790 736 765 812 794 783 796

71 136 205 235 293 365 436 509 580 654 723 796

75 134 200 248 331 410 490 569 647

472 453 506 620 550 474 572 593 855 834 777 806 861 858 973

1017 1063 1118 1165 1208 1125 1144 1219

106 200 290 389 458 561 670 778 883 995

1106 1219

112 198 301 378 477 551 655 752 847

224 352 360 406 368 347 487 477 544 636 542 577 694 751 746 831 927 765 920

1048 1113 1125 1315

111 211 332 448 526 634 754 876 994

1104 1197 1315

109 213 329 441 533 648 764 878 986

169 163 163 161 174 164 210 209 201 205 202 214 209 207 207 212 206 232 232 247 259 228 185

17 36 56 74 90

108 124 139 150 168 177 185

14 27 39 52 63 76 88

100 113

1781 2024 1834 2526 2777 3070 2937 3215 3599 3985 4295 4196 4180 4508 4605 4997 4560 4424 4588 4864 5657 5721 6022

506 934

1438 1957 2544 3102 3656 4205 4725 5280 5663 6022

434 775

1314 1862 2446 3024 3602 4159 4690

484 466 471 577 594 597 530 528 464 471 586 578 528 551 508 412 464 466 482 475 517 467 469

37 71

105 136 183 228 266 314 370 410 440 469

29 56

100 140 181 217 258 294 341

151 176 176 182 211 229 214 225 241 250 259 270 286 287 310 303 325 334 346 363 387 406 408

31 58 90

126 161 195 232 277 307 341 376 408

39 62

104 148 174 209 253 293 328

115 123 118 110 126 133 133 154 145 152 143 150 153 147 137 134 131 107 127 155 168 202 204

28 49 70 81 91

104 116 133 146 167 181 204

24 37 46 65 72 82 90 93

108

439 423 405 401 423 418 475 460 479 435 541 525 499 493 539 576 571 594 560 511 537 466 469

37 68

107 152 219 249 298 344 384 424 464 469

35 75

112 150 200 245 297 351 391

675 658 532 591 591 587 628 641 611 615 580 530 435 451 581 645 644 650 631 623 653 587 604

54 101 155 211 267 322 379 430 483 528 578 604

48 100 148 200 254 307 356 408 454


380 414 449 441 430 403 399 331 430 427 378 387 402 366 354 335

1028 1867 2107 2044 2220 2529 2386

215 412 630 842

1051 1249 1415 1595 1795 2001 2189 2386

219 380 506 716 933

1138 1357 1573 1782

19801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002

2002

2003

XIX-1. BREAKDOWN OF NON RESIDENT

PERIODS French German British Austr- ian

Belg- Italian Scandi-navian

Swiss Spani- sh

Yougos- lavian

From Luxemb.ian

fst 2 months fst 3 monthsfst 4 monthsfst 5 monthsfst 6 monthsfst 7 monthsfst 8 monthsfst 9 monthsfst 10 monthsfst 11 monthsyear

January fst 2 monthsfst 3 monthsfst 4 monthsfst 5 monthsfst 6 monthsfst 7 monthsfst 8 monthsfst 9 monthsfst 10 monthsfst 11 months

378149 360995 344119 371168 401030 411637 484277 479354 460696 458122 210932 357166 447830 484837 465103 541878 619891 709023 893664 997882

1047426 885167

71634 142414 246985 334859 424751 528207 654357 735632 815748 845993 885167

26379 71520

125855 210351 279721 367356 474193 604361 673627 751808 789194

327885 279083 230165 212450 277745 300465 436138 473985 454509 479423 393416 649381 711872 852591 837116 808478 858302 883944

1036262 1011298 934747 613666

53370 126193 175246 226230 279164 334170 395735 477329 558700 591233 613666

14689 36770 67813

101461 128393 169603 223096 297620 363534 435347 468420

150711 100496 82346 68378 99479

124363 184916 225593 220370 191363 120326 202812 245839 267223 239567 206068 248010 263798 261877 299376 314741 257799

25419 50384 66546 90377

117331 144438 170873 199888 226600 242763 257799

11852 25913 42594 57935 76375 97529

120594 148466 169493 192269 208297

40049 32693 28144 29243 36715 26481 41190 37332 34883 38601 27485 44721 54777 71624 65036 90314

114363 106174 138261 110160 114818 77168

4913 10310 15008 21732 31323 44800 57149 66422 73574 75633 77168

1380 3753 5886 9496

14030 23416 37682 51882 61091 66193 68563

36373 32552 32367 30143 35630 38458 66950 75625 78067 74362 39128 64104 73698 78132 74198 87442

102659 114922 132361 139846 150674 122111

8314 19762 30116 39086 52064 71348 87678

101255 112279 117800 122111

3120 6711

15500 29032 38328 54194 76888 96892

111683 121627 127482

71555 64756 64348 68483 83323 58663

100168 133388 157158 189462 152468 224073 241819 229811 245933 270110 314042 328256 354616 393891 398349 375160

18836 41091 68861 93275

134331 185432 278788 322245 343237 353496 375160

13364 23401 40830 67004 88667

129420 177462 279909 328253 350002 360008

43450 42850 40411 60402 67586 71784 79899 89869 81492 77106 27046 63178 63700 61732 59663 88352 80408 56201 64699 75794 76890 66529

3801 11465 18120 23234 29188 36481 41659 47741 58624 63795 66529

2268 7521

16411 24090 29117 36106 46313 51326 57438 64709 68018

41143 45623 35228 35445 39427 33950 43764 43759 43508 48220 27506 45369 64189 76407 74539 75478 86609 84247

110202 118779 114228 93937

4501 10850 18485 25461 34880 48396 57427 69177 87623 91078 93937

1211 3482 7191

14496 20790 28587 41624 50261 61519 78836 82964

9068 9978

12862 14156 14658 17119 23531 25272 29275 33658 24123 39913 55290 43071 33289 43350 54422 68105 86857

102828 87441 74325

3441 10966 15831 19427 22951 32562 49272 59730 66455 70156 74325

3443 7873

12270 17218 20706 25815 34119 51445 61106 68213 73392

6678 3963 3046 3280 4144 4071 6314 3738 4431

13822 14854 11198 7613 5764 4676

11698 16627 13678 8841 6986 7652 7398

432 689

1050 1511 2257 3510 4812 5961 6643 6876 7398

204 566 788

1524 2395 4182 7467 9897

12282 13368 13600

70

720 911 810 957

1326 2356 3921 5090 4026 4553 2028 2772 3729 4280 4401 4562 5065 9877 5942 6853 7224 5558

470 1404 1702 2361 2638 3043 3722 4353 4918 5202 5558

150 365 617

1022 1442 1759 2197 3074 3545 4028 4374

1981198219831984198519861987198819891990199119921993199419951996199719981999200020012002

2002

2003

ENTRIES BY NATIONALITY ( in persons )

Dutch American Canadian Middle Eastern

Algerian Libyan Moroccan Other Africans

Miscella- Total (USA) neous

36395 33932 30590 32701 44957 45981 76569 88877

102123 96759 46892 66140 66994 80364 70507 71798 67347 68116 69147 67587 62432 48885

4453 8305

13748 18766 22762 28549 32412 36837 43942 46794 48885

1321 3826 6696

11935 16133 19981 26505 30920 35602 40808 42779

10270 10337 11232 11104 10350 6255 6927 8132 9243 8896 5582 8736

10894 11683 11499 12775 12722 12470 13627 16373 14108 11581

1376 2710 3809 4773 5824 6895 7958 8844 9932

10688 11581

636 1315 1943 2664 3335 4331 5555 6617 7416 8543 9141

2729 3033 3042 2868 3249 2359 2586 2210 3280 3712 2478 5103 9288 12592 13318 14170 13967 15361 13423 14902 14378 10339

1283 2726 3862 4586 5337 6081 6597 7597 9018 9681 10339

755 2262 4125 5160 5795 6433 7338 7965 8960 10280 11165

44461 50398 49906 38151 31805 22350 19869 34246 46590 45731 25037 39114 44028 37118 41891 44864 48871 45458 32338 27724 30013 30484

4407 6114 8090 9974

12510 16766 20447 23122 26124 27918 30484

2155 4106 5462 6888 9588

12228 16736 21451 24468 27100 28665

896465 155800 255783 468702 769555 297506 247768 412164 378211 435209 744255 807227 676873 672446 988608 669933 605383 684221 616447 611620 623337 728309

62838 102433 139836 180686 228578 311851 455544 520100 575911 623905 728309

40583 74530

121714 165096 210361 260430 351965 524168 595793 657577 701582

13450 88080

169982 87605 35668 3871 6814

1236038 956956 795792

1154358 635694 538484 543973 618746 526146 626393 834473 603074 685208

1016569 1280733

183416 283541 388852 500191 610927 736425 866929 987554

1109539 1187257 1280733

95767 190446 285511 386459 487116 600731 727443 869484

1000177 1135192 1217669

5888 6386 7774

11880 13127 6748

10475 48379

104709 143950 157371 149488 151055 99994 26689 30881 42847 45111 37785 37689 35525 38865

4675 7928

10885 13689 16563 20606 25496 29813 33625 36032 38865

2468 4640 7426 9919

12349 14747 18124 22979 26736 30140 32196

3531 4219 5534 5600 5136 5791 8130

13793 14938 11763 10210 16935 17601 20629 19182 18596 23202 20990 16755 16503 16976 18269

2291 3908 5256 6864 8324 9940

11709 13681 15743 16913 18269

1367 2760 4677 6569 8438

10335 12868 15621 18278 20767 22692

32026 29044 31183 26891 28087 21884 24528 31516 37771 53283 38520

106826 170125 201275 225886 267700 321977 353280 335480 316214 319772 317255

15643 33166 50941 75216

113348 160963 215429 266792 295917 306207 317255

7867 17760 30176 47802 77646

135253 218688 302638 374363 410517 424489

2150996 1355129 1438872 1579607 2002997 1502092 1874734 3468360 3222236 3203787 3224015 3539950 3655698 3855546 4119847 3884593 4263107 4717705 4831658 5057513 5387300 5063538

475513 876359

1283229 1692298 2155051 2730463 3443993 3984073 4474152 4729420 5063538

230979 489520 803485

1176121 1530725 2002436 2626857 3446976 3995364 4487324 4754690

71Source : Tunisian National Tourism Board

XIX-2. BREAKDOWN OF NON-RESIDENTS BEDNIGHTS BY NATIONALITY

(in thousands of bednights)

BR

ITIS

H

TOTA

L

MIS

CEL

LAN

EOU

S

MO

RO

CC

AN

LIB

YA

N

ALG

ERIA

N

MID

DLE

EAST

ERN

AM

ERIC

AN

(U

.S.A

)

DU

TCH

SWIS

S

SCA

ND

INA

VIA

N

ITA

LIA

N

BEL

GIA

N

AU

STR

IAN

GER

MA

N

FREN

CH

PERIODS

72Source : Tunisian National Tourism Board

fst 6 months fst 7 monthsfst 8 monthsfst 9 monthsfst 10 monthsfst 11 monthsyear

January fst 2 monthsfst 3 monthsfst 4 monthsfst 5 monthsfst 6 monthsfst 7 monthsfst 8 monthsfst 9 monthsfst 10 months

46 55 60 59 71 67 52 46 41 59 45 29 46 53 65 63 60 53 69 49 68 65 48

24 28 31 35 40 44 48

2 5 7

11 14 17 20 37 43 47

450 424 373 332 333 527 514 821

1027 1161 1055 526 721 649 758 640 615 575 590 579 541 479 352

163 203 239 273 318 338 352

11 27 52 76

116 148 198 236 270 306

470 474 486 420 415 442 376 487 489 469 503 274 444 600 723 700 700 819 845

1025 1062 1017 758

268 391 482 571 720 745 758

11 24 44 90

128 192 310 397 476 607

499 431 388 343 533 651 692 807 931 795 710 242 570 522 508 479 704 703 446 541 618 680 570

241 308 357 409 501 548 570

28 69

146 210 252 308 408 460 509 576

416 446 423 467 523 661 423 807

1122 1306 1611 1302 1934 2006 1881 1861 1946 2302 2354 2621 2922 2968 2679

882 1262 2024 2376 2517 2604 2679

110 180 289 435 579 846

1219 2038 2404 2559

459 404 364 375 351 418 438 844 914 940 822 376 637 649 761 655 772 984

1047 1253 1307 1432 1102

435 625 802 930

1014 1067 1102

35 73

156 254 334 467 699 935

1075 1173

281 365 290 247 295 376 254 398 349 320 322 235 388 473 613 480 638 898 886

1187 820 896 553

218 316 411 489 529 545 553

10 24 38 59 86

144 239 326 387 440

1540 1609 1147 920 736

1105 1383 2135 2594 2452 2149 1305 2281 2567 2672 2304 1914 2246 2481 2637 3036 3227 2678

1152 1456 1795 2099 2366 2535 2678

141 280 457 607 801

1011 1265 1560 1791 2005

4160 4162 3794 3093 2798 3689 3999 6034 6529 6158 6500 5123 8588 9078

10690 10283 9626

10373 10367 12093 11284 10466 6805

3011 3720 4409 5300 6202 6591 6805

203 437 806

1133 1417 1896 2501 3353 4110 4872

3088 3220 3028 2942 3107 3574 3609 4368 4104 3964 3699 1604 2881 3459 3809 3546 4038 4796 5353 6768 7206 7294 6067

2717 3488 4525 5118 5660 5880 6067

188 435 779

1309 1779 2328 3097 4136 4682 5205

114 138 167 185 195 144 120 79

100 137 117 73 93 95 95 96

103 132 127 117 101 113 101

41 56 70 77 89 93

101

7 13 19 23 33 40 56 77 88 99

281 381 145 248 388 556 297 211 252 199 200 309 256 271 398 592 543 515 522 446 438 467 498

131 190 373 426 455 467 498

23 37 61 80

100 126 200 444 510 537

6 24

186 351 113 51 4 4

565 408 287 400 350 275 191 180 211 255 262 199 235 271 284

127 165 204 235 259 267 284

18 35 51 68 89

109 137 177 206 227

10 12 15 19 24 28 19 24 63

104 143 97 98

111 76 51 54 67 64 58 59 51 50

23 28 34 39 44 47 50

4 7

11 15 19 23 29 35 39 44

278 362 294 329 370 382 370 451 522 539 678 548 919

1311 1441 1584 2206 2966 3375 3578 3471 3580 3352

1022 1542 2202 2779 3123 3252 3352

90 216 400 557 842

1388 2259 3218 4013 4447

12098 12507 11160 10330 10252 12671 12550 17516 19602 19011 18841 12443 20206 22119 24681 23514 24130 27684 28788 33151 33168 33006 25897

10455 13778 17958 21156 23837 25023 25897

881 1862 3316 4927 6589 9043

12637 17429 20603 23144

19801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002

2002

2003

XX-1. TREND IN THE BALANCE OF TRADE

( in MTD )

PERIODS Imports Exports

QUANTITY VALUE ( in 1,000 tons )

Imports Exports Balance

Rate of coverage ofimports by exports

(in %)

fst 4 months fst 5 monthsfst 6 monthsfst 7 monthsfst 8 monthsfst 9 monthsfst 10 monthsfst 11 monthsyear


6969.0 6288.0 6118.5 6380.3 5344.6 7032.3 7379.6 8653.3 9253.0 9180.5 7832.1 9549.6 9814.5

11069.9 12385.1 11312.6 11777.7 11755.3 13068.4 13498.7 15663.9 16520.2

..

5430.4 6620.7 7581.4 8857.5

10039.9 11317.8 13077.3 14416.6 16520.2

2170.6 ..

4875.1 6650.7 7905.6 8979.0

10148.9 11300.4 12527.4 13557.4 14732.3

..

8604.2 7519.0 7861.9 7379.3 7564.6 8471.4 9128.4 9273.9

11650.9 9492.0 9031.7

10416.0 9239.2

10510.3 11232.5 11890.3 10779.9 10417.5 10179.0 10497.3 10778.2 11205.0

..

3524.6 4235.0 5266.0 6491.0 7215.8 8159.1 9048.4

10108.6 11205.0

910.0 ..

3016.8 6536.5 7292.2 8265.9 9260.2

10123.9 10993.3 11961.0 12803.1

..

1867.0 2002.0 2106.4 2508.9 2287.0 2308.3 2509.5 3167.0 4163.6 4826.4 4789.0 5688.8 6172.1 6647.3 7464.1 7498.8 8793.5 9489.5

10070.5 11738.0 13697.3 13510.9 14038.9

4283.6 5434.1 6554.3 7723.3 8747.9 9836.3

11157.6 12270.7 13510.9

1120.0 2136.5 3315.2 4735.6 5966.0 7123.9 8280.0 9281.6

10337.4 11519.1 12621.3 14038.9

1233.0 1169.4 1288.0 1399.1 1443.0 1387.6 1771.2 2055.4 2782.0 3087.4 3417.1 3549.7 3760.0 4696.6 5172.9 5372.0 6147.9 6518.3 6966.9 8004.8 9536.2 9748.6

10342.6

3135.3 3926.3 4802.8 5694.1 6366.3 7153.0 8010.8 8935.6 9748.6

873.3 1713.7 2699.4 3780.5 4660.7 5567.0 6444.1 7096.8 7853.0 8691.1 9440.1

10342.6

-634.0 -832.6 -818.4

-1109.8 -844.0 -920.7 -738.3

-1111.6 -1381.6 -1739.0 -1371.9 -2139.1 -2412.1 -1950.7 -2291.2 -2126.8 -2645.6 -2971.2 -3103.6 -3733.2 -4161.1 -3762.3 -3696.3

-1148.3 -1507.8 -1751.5 -2029.2 -2381.6 -2683.3 -3146.8 -3335.1 -3762.3

-246.7 -422.8 -615.8 -955.1

-1305.3 -1556.9 -1835.9 -2184.8 -2484.4 -2828.0 -3181.2 -3696.3

66.04 58.41 61.15 55.77 63.10 60.11 70.58 64.90 66.82 63.97 71.35 62.40 60.92 70.65 69.30 71.64 69.91 68.69 69.18 68.20 69.62 72.15 73.67

73.19 72.25 73.28 73.73 72.78 72.72 71.80 72.82 72.15

77.97 80.21 81.42 79.83 78.12 78.15 77.83 76.46 75.97 75.45 74.79 73.67


19811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003

2002

2003

PERIODS

Raw TOTALGROUPS OF

PRODUCTS

Humanfood

Capital goods

Energy

and semi-

Consumer materials goods

finished

XX-2-X. BREAKDOWN OF EXPORT (FOB) BY GROUP OF PRODUCT USE

( in MTD )



106.9 100.5 85.8

139.8 134.3 169.2 220.3 251.2 267.1 320.8 481.9 335.5 399.1 551.9 462.0 354.1 595.6 548.7 706.8 628.2 675.7 556.5 565.6

128.3 161.8 212.3 249.4 294.5 364.7 436.0 512.8 556.5

57.3 103.4 157.0 228.2 273.4 324.6 363.3 388.8 426.7 480.1 521.1 565.6

665.2 536.2 582.4 619.3 603.6 340.4 418.3 330.7 555.5 533.4 488.8 562.7 455.4 441.6 436.9 563.0 555.9 417.7 498.0 967.5 877.7 911.9

1032.6

276.1 330.5 426.2 523.5 572.2 635.8 691.7 812.5 911.9

50.0 160.9 279.5 464.7 506.9 587.2 660.1 735.1 808.4 873.8 961.2

1032.6

227.0 252.8 305.8 298.1 336.0 375.9 470.0 643.8 845.2 786.3 815.9 847.0 811.7

1099.8 1243.0 1338.7 1530.2 1740.9 1821.4 2018.0 2322.6 2385.6 2520.6

736.7 924.5

1134.9 1342.2 1538.7 1739.9 1965.8 2178.5 2385.6

226.2 401.5 630.5 882.2

1093.8 1317.1 1539.5 1705.5 1895.9 2112.0 2294.3 2520.6

26.6 39.2 37.2 56.1 39.9 47.6 64.9 99.5

117.9 146.9 153.1 172.0 182.4 224.7 296.2 292.8 306.6 352.3 402.6 491.2 674.7 784.4 857.4

251.0 334.1 402.9 476.5 523.0 585.8 656.1 718.4 784.4

83.0 143.8 212.1 292.3 387.8 462.5 524.0 574.0 645.4 721.1 783.7 857.4

207.3 240.7 276.8 285.8 329.2 454.5 597.7 730.2 996.3

1300.0 1477.4 1632.5 1911.4 2378.6 2734.8 2823.4 3159.6 3458.7 3538.1 3899.9 4985.5 5110.2 5366.4

1743.2 2175.4 2626.5 3102.5 3437.9 3826.8 4261.2 4713.4 5110.2

456.8 904.1

1420.3 1913.1 2398.8 2875.6 3357.2 3693.4 4076.6 4504.1 4879.8 5366.4

1233.0 1169.4 1288.0 1399.1 1443.0 1387.6 1771.2 2055.4 2782.0 3087.4 3417.1 3549.7 3760.0 4696.6 5172.9 5372.0 6147.9 6518.3 6966.9 8004.8 9536.2 9748.6

10342.6

3135.3 3926.3 4802.8 5694.1 6366.3 7153.0 8010.8 8935.6 9748.6

873.3 1713.7 2699.4 3780.5 4660.7 5567.0 6444.1 7096.8 7853.0 8691.1 9440.1

10342.6

74


19811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003

2002

2003

PERIODS

Raw TOTALGROUPS OF

PRODUCTS

Humanfood

Capital goods

Energy

and semi-

Consumer materials goods

finished

XX-2-X. BREAKDOWN OF IMPORT (CIF) BY GROUP OF PRODUCT USE

( in MTD )



229.0 210.5 294.8 363.0 278.2 287.5 259.0 475.4 561.7 444.3 310.9 380.5 418.1 542.8 823.9 605.6 764.2 802.5 670.9 782.4 926.6

1143.0 894.1

412.0 468.9 542.2 616.3 687.3 822.6 943.0

1027.5 1143.0

93.0 172.7 270.7 340.7 425.9 488.5 543.9 599.7 660.9 731.4 806.6 894.1

368.9 243.5 235.3 287.3 308.4 203.5 263.7 208.8 360.4 429.4 365.8 397.1 457.1 471.5 511.3 591.2 659.8 450.6 641.8

1198.1 1273.4 1227.1 1456.2

364.7 402.4 442.3 564.8 660.9 755.4 899.4

1000.3 1227.1

114.2 284.5 394.2 656.9 738.1 799.0 880.9

1003.7 1120.8 1194.3 1324.7 1456.2

507.8 599.9 624.0 768.9 744.6 818.1 912.0

1153.2 1382.2 1498.8 1498.7 1840.2 1830.1 1898.4 2186.8 2170.2 2448.1 2707.8 2615.9 3053.9 3649.6 3626.9 4085.6

1187.3 1515.7 1819.4 2126.3 2406.8 2692.5 3031.6 3324.7 3626.9

307.5 565.6 931.5

1313.6 1682.3 2028.0 2389.4 2665.8 2978.4 3340.0 3669.7 4085.6

474.0 556.0 539.7 652.0 503.2 504.8 430.6 529.7 793.6

1084.8 1205.5 1395.3 1520.7 1450.7 1463.3 1520.4 1906.4 2183.9 2648.5 2998.1 3213.5 2964.4 2865.3

902.1 1229.0 1529.9 1770.3 1998.3 2222.4 2496.0 2736.8 2964.4

269.6 473.7 681.0 929.6

1186.7 1451.0 1719.4 1923.0 2150.1 2395.5 2596.8 2865.3

287.3 392.1 412.6 437.7 452.6 494.4 644.2 799.9

1065.7 1369.1 1408.1 1675.7 1946.1 2283.9 2478.8 2611.4 3015.0 3344.7 3493.4 3705.5 4634.2 4549.5 4737.7

1417.5 1818.1 2220.5 2645.6 2994.6 3343.4 3787.6 4181.4 4549.5

335.7 640.0

1037.8 1494.8 1933.0 2357.4 2746.4 3089.4 3427.2 3857.9 4223.5 4737.7

1867.0 2002.0 2106.4 2508.9 2287.0 2308.3 2509.5 3167.0 4163.6 4826.4 4789.0 5688.8 6172.1 6647.3 7464.1 7498.8 8793.5 9489.5

10070.5 11738.0 13697.3 13510.9 14038.9

4283.6 5434.1 6554.3 7723.3 8747.9 9836.3

11157.6 12270.7 13510.9

1120.0 2136.5 3315.2 4735.6 5966.0 7123.9 8280.0 9281.6

10337.4 11519.1 12621.3 14038.9

75


19811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003

2002

2003

XX-3-X. M A I N E X P O R T E D

PERIODS

and melons

Textile and others

dried fruits,chemical

Olive Phosphates Fertilisers Inorganic Fruits,

Q

Crude oil and by-products Oil

mining productscitrus fruits

V Q V Q V Q V Q V Q V Q V



5518 4824 5256 4124 4067 4045 3894 4295 3996 3656 4751 3872 3993 4536 3712 3948 3750 3955 3679 3779 3468 3605 3247 3706

1753 2202 2389 2628 2824 3249 3706

210 673

1045 1910 2134 2473 2740 3039 3310 3552 3894

353064 474825 665200 536200 582400 619347 603600 340363 418251 330697 555500 533400 488600 562700 455400 441600 436900 563028 555879 417722 497952 967476 877700 911900

424799 521931 570381 633971 689883 801810 911900

50000 160900 279500 464700 506900 587200 660100 735100 808400 873800 961200

28 29 34 34 38 52 37 45 51 54 72 86 90

104 117 134 152 155 168 173 177 198 220 209

112 129 141 157 174 192 209

16 22 51 69 86

104 120 132 145 162 174

132634 157160 181263 211105 245734 248511 283442 388432 508992 614291 812910

1091300 1212435 1401025 1625517 2033746 2347200 2484300 2683500 2949282 3019400 3263700 4027900 4141900

2150181 2542462 2810186 3121598 3462924 3819827 4141900

370235 609116

1140509 1514871 1894240 2276283 2662529 2941118 3219089 3566056 3865853

81 41 71 59 37 78 46 44 57 52 47 50

158 96

123 193 90 29

126 124 164 114 95 23

4 5

11 19 21 21 23

4 7

13 23 27 32 35 37 38 38 38

45997 24984 50118 56652 26326 57338 42759 53450 65570 70672 81543

106926 266808 138471 177252 305271 216613 117096 288450 213300 382741 263899 200270 55764

13384 15030 29745 46208 51185 52047 55764

9810 20000 35322 64713 75561 88483 98774

104600 106609 107600 108106

1954 1604 1440 1446 1478 1415 1461 1843 2308 1432 1578 1006 808

1307 1424 1669 1726 1642 1601 1344 1385 1578 1828 1743

911 1065 1146 1323 1473 1572 1743

170 ..

497 647 719 812 928

.. 1172

.. 1487

19927 23580 24315 27662 27897 30383 32217 38029 51441 32461 39322 22873 21217 35740 39648 40694 40146 44405 52053 45535 48707 56270 62280 60937

32183 37838 40558 46740 52272 55460 60937

4932 ..

14900 19866 22228 25152 28850

.. 37378

.. 46816

599 683 937 990

1045 973

1099 1281 1689 1624 1660 1680 1471 1596 1439 1535 1619 1628 1488 1653 1747 1912 2059 2055

932 1219 1364 1560 1758 1877 2055

196 341 532 686 823

1033 1296 1475 1624 1838 1932

36893 66621 96275

105149 116522 120764 138893 160800 217400 237362 276000 228964 221317 208766 184050 235406 281641 318731 309259 344978 347317 364589 415265 410500

184894 240061 267546 308570 350480 375059 410500

38212 67327

104672 136420 163256 206210 261954 300880 333531 381369 402128

389 519 530 627 783 599 554 622 693 999 937 866

1020 1158 1027 1310 1316 1367 1531 1485 1466 1324 1393 1329

571 678 793 926

1047 1213 1329

92 167 282 362 434 511 608 715 820 918

1004

32031 50980 57592 69453 91746 91941 91207 92040

103292 182024 225056 185952 212522 203127 178235 228470 256543 298717 369376 376843 376375 366097 385675 356299

162877 189695 218235 250325 282032 323252 356299

24035 42329 70374 92631

111983 131306 157956 182922 208799 230146 250808

45 39 47 29 29 49 58 63 71 60 59 49 48 40 45 44 48 42 38 52 44 48 79 71

33 34 36 41 53 65 71

7 14 21 23 24 26 28 30 34 45 53

13879 12585 24676 13613 19882 25002 38017 47123 53680 48245 54017 56830 62803 55347 62722 68420 72075 58525 60278 82238 66618 66177 125783 117905

35329 37113 40363 48708 77816 105906 117905

9426 15864 23573 27044 29293 33427 37264 41084 52935 81797 101847


76

197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002

2002

2003

P R O D U C T S

leather

(Q = quantity in 1,000 tons V = value in 1,000 dinars)

papers andshellfish plants and materials,alcohol

Skins,leather, fish, Vegetables, Lead Eletrical Beverage, Paper manufac.

sweets

Sugar and

goods and

footwear mollusc

and machines

flowers and apparatus

and

vinegar cardboard

shareof

total

(1)

Q V Q V Q V Q V Q V Q V Q V Q V (in %)

36.7 12.1 11.7 0.1 0.1 0.3 4.1 3.4 1.2 2.2 0.7 4.1 4.5 0.8 0.4 1.2 1.0 1.6 1.6 1.7 2.1 1.8 2.2 3.0

0.7 0.8 0.9 1.0 1.3 1.5 3.0

0.2 0.5 0.8 1.1 1.3 1.6 1.7 1.9 2.3 2.8 3.0

5623 1584 4177 43 91

114 942 885 476 912 925 3328 3601 1243 971 2370 2653 3269 4941 4661 4953 4076 4924 6931

1305 1463 1670 2165 2942 3586 6931

540 1056 1648 2268 2878 3460 3774 4338 5299 6632 7137

4.0 1.9 2.2 2.5 3.1 2.7 2.5 2.1 2.1 2.4 3.9 5.0 5.7 6.6 7.9

11.1 11.7 12.1 13.8 14.9 17.4 21.9 27.8 27.6

13.2 15.9 17.7 19.7 22.5 25.5 27.6

3.0 5.5 8.7

11.4 14.0 16.3 18.5 20.0 22.2 23.2 26.1

12175 12855 15772 20052 21989 20689 25524 35400 40099 48172 66672 87910

110925 143510 145243 194501 231911 258206 305132 329632 373489 458102 585884 580900

269796 340438 379136 424605 480426 535499 580900

59218 112846 173210 227760 283712 340970 394029 425767 473971 518553 560410

7.7 6.7 6.8 5.5 6.9 8.7 9.4

11.3 13.6 17.4 14.4 17.4 13.6 12.3 15.7 13.5 10.0 13.3 15.6 16.5 12.6 13.7 15.4 17.5

9.4 10.9 11.6 12.1 13.7 15.8 17.5

1.9 3.2 4.9 6.6 8.1 9.8

11.1 11.5 12.2 13.0 13.8

9168 11326 8112

14288 24314 24392 28115 47377 66760 90926 84447

101161 79583 69232 89845 82644 74073 90845

107365 125751 102073 119890 126500 134600

71279 84545 89173 93695

105934 121900 134600

14920 25667 40616 54982 69302 87005 99327

104080 111995 120540 130406

30.6 21.2 17.2 13.0 9.9 7.0

11.0 7.5 7.1

10.9 11.4 25.8 16.3 18.2 8.2 6.3 6.7 6.9 5.4 5.0 8.4 4.2

13.8 8.1

5.4 5.6 5.9 6.3 6.7 7.1 8.1

0.7 1.9 3.1 4.2 4.4 4.7 4.8 5.2 5.7 5.9 6.1

4465 3117 3269 3148 2783 2159 3510 2035 2330 3700 5184 9617 8434 7073 5472 5155 4803 7799 5015 5883 8531 8270

12543 11429

7277 7888 8400 9258 9850

10567 11429

1699 3668 5761 7366 7822 8118 8668 9438

10275 10776 11490

11.7 12.3 11.3 14.4 3.7 6.6 0.1 2.9 1.7 0.8 2.0 2.5 0.7

- 0.2 0.7 1.2 3.0 1.0 2.1 0.5 0.2 2.7 3.3

1.5 1.7 1.7 2.5 3.0 3.1 3.3

0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.5 0.6 0.6

5165 5004 3860 4464 1147 2125

23 100 252 356 802

1071 671

- 167 191 176 450 400 804 142 57

859 1159

609 652 652 900

1066 1109 1159

53 56 65 93 93 93

107 107 182 196 211

2.7 2.4 2.5 2.1 6.0 5.1 3.6 5.4 4.8 5.1

10.2 11.2 13.1 16.0 16.1 20.4 22.7 27.3 34.6 43.5 50.2 56.3 66.2 65.4

32.3 37.2 42.7 47.7 54.3 60.6 65.4

6.1 10.9 16.8 24.5 31.6 37.9 43.0 46.6 52.3 58.2 63.6

11110 13721 14468 16901 27595 29526 29575 44882 66827 89585

121918 169505 201751 235510 248517 307522 367254 415567 537547 692500 669100 812100 997800

1003900

573954 659774 766086 862518 984745

1093970 1003900

119093 211537 330839 482726 614571 734810 844306 918176

1029968 1153275 1265987

25 23 39 34 23 18 47 36 28 19 9 9

13 12 12 21 18 17 16 13 20 52 31 57

12 13 15 16 20 27 57

3 9

12 20

.. .. .. .. .. .. ..

3829 3182 4379 4243 3233 3159 5969 5200 6800 7196 6156 9900

19690 13045 14766 24695 18135 16902 27608 22227 25255 24363 32596 40810

9716 10813 12088 13368 16848 23170 40810

3691 7861

10097 17328 22953 26257 30416 33844 37976 39507 41220


77

16 16 16 13 20 10 11 11 20 25 20 17 21 24 29 23 29 25 32 29 39 45 50 60

29 34 39 42 46 50 60

4 8

13 21 28 34 36 40 44 46 49

3778 4085 4572 4916 6739 5571 6278 6656

15494 18262 21964 20826 27283 27445 30945 26344 36679 32984 38913 39584 53919 66369 77992 92075

41886 48879 56442 61983 67549 74100 92075

5401 11930 22147 34474 44549 54147 61557 70651 82520 93111

105456

94.91 95.67 93.92 93.03 93.04 91.56 92.17 91.00 91.33 86.35 84.56 85.17 85.97 87.39 86.67 85.11 84.80 87.69 86.95 86.69 85.79 85.47 83.20 81.31

82.86 83.22 83.10 82.83 82.84 82.78 81.31

81.45 75.29 83.47 83.25 82.59 82.68 83.02 82.74 83.01 82.65 83.25

XX-3-M. M A I N I M P O R T E D

and cheese

PERIODS

products and spices sweets ceuticalby-products

Milk, butter Coffee,tea Cereals Sugar and Natural gas Crude oil & Pharma-

Q V Q V Q V Q V Q V Q V Q V



44 36 55 41 34 29 36 31 27 43 33 28 20 34 46 33 25 15 30 13 12 13 11 25

6 8 9 9

16 20 25

1 3 4 5 7 9 9

11 11 16 21

18112 17497 28126 20541 23297 24914 34190 35568 25793 43084 53368 36540 27216 51299 53866 40430 50590 27900 42534 24840 21239 28090 29100 37996

16289 18432 20566 22047 28118 32656 37996

2587 5721 9248

12980 15691 19563 21770 24464 25815 30661 36362

16 12 13 9

23 21 23 23 17 27 19 19 21 24 20 27 21 22 27 26 25 28 32 28

15 16 20 23 24 27 28

1 2 4 6 7 8

10 14 16 18 20

13687 10250 11496 8004

22036 23460 33420 30077 23112 34695 25275 24640 28482 28609 26099 37486 38241 35129 47950 47998 42859 46946 53395 38023

22672 24616 30349 32449 34232 36636 38023

1371 2827 4696 7201 8201 9696

11755 15038 17604 19682 21751

895 814 888

1026 1133 1217 732

1310 1168 2116 1655 1439 922

1015 1042 1588 2558 1236 1962 2017 2001 2487 2862 3539

1638 1724 2094 2427 2782 3172 3539

199 437

.. 869

1080 1238 1667 1742 1904 2023 2157

61840 74110 87265 91113

125498 165941 87723

121749 105514 256102 277604 191990 96007

123474 132078 181133 402900 256000 346800 317500 276100 387900 517300 650000

297800 345300 375100 436200 499800 575600 650000

44000 90400

.. 170800 213600 242500 310987 324272 355688 376096 404695

177 151 179 187 254 125 168 186 186 174 181 212 168 234 213 284 187 242 247 310 305 278 269 377

189 190 225 250 335 362 377

46 60

122 139 176 189 201 239 254 289 326

17942 31151 40636 30456 34370 21431 21155 27111 29337 35772 49191 73105 44654 58451 61845 93740 68662 87437 92188

108278 85278 81468 91552

123174

61071 62167 73737 81809

109815 117742 123174

14023 17291 35118 40110 49370 52984 57488 68122 71572 80827 88884

- - - - -

379 684 394

1097 926

1337 1019 639

1058 1126 1688 1972 1871 764 497

1093 662 515 727

336 336 414 414 634 684 727

- 86

178 178 261 297 333 410 571 692 772

- - - - -

45000 77300 24180 60600 50306 79561 80000 65100 85400 89800

119850 145000 106700 58200 32500 56400 73000 70900 82300

40100 40100 49300 49300 71900 77200 82300

- 9700

20600 20600 30600 35300 40000 50100 71600 87100 97600

2587 2025 2247 1520 1462 1396 1173 1906 1683 1670 2107 2404 2304 2595 2817 2715 2492 2840 3336 3178 3305 3836 3992 4178

1544 1989 2320 2622 3012 3322 4178

339 920

1154 2082 2332 2545 2829 3227 3579

.. 4173

204651 295134 466708 222742 225870 256740 220300 169267 193762 146287 266400 332400 289600 300200 352300 338314 354600 469600 588000 411500 561300

1109700 1178000 1117000

400000 521900 608300 702700 823800 919400

1117000

114000 274500 371500 632500 703600 759700 835800 946700

1049200 1107200 1227100

5 5 5 6 6 7 7 7 7 6 7 7 9 7 8 6 7 5 6 6 6 6 7 9

5 6 6 7 8 9 9

1 1 1 1 2 2 3 3 4 4 4

20688 24429 28127 35171 38253 46470 53670 54426 77997 68839 95111

104958 120566 123963 118485 135130 136064 140654 164113 168819 183175 199359 251100 269000

129167 160432 183530 205646 229396 248479 269000

15620 30102 48023 71739 92862

119125 139719 161013 187432 215761 236458


78

197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002

2002

2003

(Q = quantity in 1,000 tons V = value in 1,000 dinars )

oils material

sulphur iron & scienti.cycles&Vegetable Unrefined Wood and Textiles Castiron Vehicles Optics&

P R O D U C T S

plastic Plastics &

carpentry steal

Machines &mechan. devices

Elect- rical. machin. Tractors

Share of

Total(1)items

Q V Q V Q V Q V V V V V V V (in %)

39 52 50 53 61 69 69 67 68 75 81 98 96

108 122 134 139 158 170 207 215 241 268 292

148 174 197 223 250 270 292

23 43 67 94

115 136 163 188 212 234 256

24003 34542 35065 38760 49214 61169 57103 60533 78373 111777 124381 138490 146705 161512 182365 210529 267693 256869 295147 340320 343725 442678 531489 564818

278562 329036 375276 423723 475477 519563 564818

43878 84900 136047 190654 243486 293633 344549 386359 429795 480365 524576

84 80 73 53 98 97 93

113 115 121 139 130 136 136 141 154 177 197 160 189 197 189 239 239

106 123 143 164 193 213 239

32 50 71 88

112 129 158 178 197 227 238

24060 17597 20222 14940 31978 45818 51838 34123 30463 44491 57300 53200 56100 52424 65598 91613

111011 112574 99610

140200 126732 110100 126000 151500

62267 72380 84495 98182

117034 129961 151500

25318 37600 52699 64690 84069 95320

117851 133600 147305 171400 177999

582 678 837 964 979 998 555

1096 1120 1305 1235 1287 1154 1415 1270 1455 1419 1443 1693 1530 1570 1652 1581 1715

876 1020 1146 1307 1378 1570 1715

161 251 389 494 638 820

1066 1244 1411 1529 1655

16622 40152 59591 77095 73427 90790 75812

124322 106818 125807 138072 120780 116441 89696 64029 83409 95055 78439 92923 71774 67581 94801 78326 81130

40579 46976 52556 60543 63990 73810 81130

8712 13800 23758 31400 41801 53743 71177 83800 97068

106400 116532

156 184 158 190 189 228 182 211 222 211 256 229 173 236 229 278 247 220 284 272 292 320 329 332

200 231 262 277 295 318 332

18 33 56 86

115 140 179 208 238 265 291

22214 32194 30778 39293 40053 55670 44926 50003 60952 64797 92183 96082 65524 97540 92858

124137 121435 99331

134573 127761 125814 151500 161700 162100

94459 109412 123083 131341 141661 153603 162100

9587 17172 29857 44876 59239 72822 92284

107635 123353 138305 151956

119798 145393 179072 201646 239526 255427 276723 348602 446954 552469 713724 935279

1014241 1176675 1322758 1529586 1746864 1836621 2029131 2335821 2279600 2384400 2941000 2910400

1467653 1718621 1880604 2088237 2378083 2638570 2910400

231619 398509 683746 989427

1286487 1559798 1812316 1987273 2159786 2424452 2642264

88815 118810 122606 157543 133153 148767 142443 151483 138179 189393 234562 266879 260989 447098 420249 305836 363053 340186 369408 462341 435485 461045 509092 504438

260852 295296 337271 367007 416363 460686 504438

44798 80032 154093 229379 301447 369933 419899 452134 495821 538762 591927

155325 154366 261330 276254 306651 350599 237329 305126 289932 356418 529602 690888 771249 781388 986613 825581 864302 956938

1089300 1298303 1314983 1557721 1815880 1647171

859031 1002194 1123894 1246348 1390068 1507471 1647171

137630 251405 387470 527541 660835 805019 958811

1064810 1190040 1317352 1416071

69578 65670 83833 97599

130600 158614 110020 129888 136546 163874 216343 305919 370339 448242 469965 503826 516131 569400 710303 845760 847577

1039327 1299530 1223407

558777 650933 750170 854036 999683

1123779 1223407

136506 237077 357991 481449 617575 742057 874255 982451

1106819 1248239 1395767

63843 85418

126904 140039 150243 158066 124015 138586 112548 166972 242628 289995 234984 312367 440807 431762 446378 494237 611732 627800 776399 800456 925028 910496

397359 496113 614441 700412 779056 844646 910496

55921 99631

145664 216504 277403 354856 435352 546637 636730 733624 813309

18006 16644 25589 29116 33930 36500 21725 30065 45272 60728 77051 85229 88554

121639 129186 121911 144226 143944 157648 169283 191943 230524 251912 261944

131531 152350 177209 199228 225015 241632 261944

27089 48307 72257 97885

123739 146787 166939 188485 209061 231866 250694


79

81.19 81.45 86.09 73.94 78.72 77.54 73.01 79.50 78.19 78.05 78.59 79.28 79.28 78.40 81.15 77.84 78.67 80.17 78.80 79.36 76.82 78.37 79.08 79.45

78.09 78.29 78.42 78.27 78.72 79.06 79.45

81.49 79.52 76.40 80.87 80.62 80.47 81.05 81.05 81.01 80.81 80.77

XX-4-X. BREAKDOWN OF EXPORT BY MAIN COUNTRIES

( in MTD)

LIB

YA

TOTA

L

OTH

ERC

OU

NTR

IES

FOR

MER

U.S

.S.R

UN

ITED

STA

TES

(U.S

.A)

GR

EEC

E

SPA

IN

UN

ITED

KIN

GD

OM

NET

HER

LAN

DS

BEL

GIU

M

GER

MA

NY

(1)

ITA

LY

FRA

NC

E

MO

RO

CC

O

ALG

ERIA

PERIODS

80




904.8 1233.0 1169.4 1288.0 1399.1 1443.0 1387.6 1771.2 2055.4 2782.0 3087.4 3417.1 3549.7 3760.0 4696.6 5172.9 5372.0 6147.9 6518.3 6966.9 8004.8 9536.2 9748.6

3135.3 3926.3 4802.8 5694.1 6366.3 7153.0 8010.8 8935.6 9748.6

873.3 1713.7 2699.4 3780.5 4660.7 5567.0 6444.1 7096.8 7853.0 8691.1 9440.1

97.7 197.4 159.1 179.3 208.8 271.3 274.8 252.3 392.0 478.7 405.0 478.5 471.1 522.0 649.0 669.5 779.9 997.2

1003.1 1022.6 1215.4 1400.3 1441.9

433.6 572.7 716.7 874.0 965.5

1071.2 1195.4 1349.4 1441.9

123.2 272.0 377.9 549.1 658.4 789.8 899.8

1002.2 1098.5 1204.0 1268.4

2.2 0.5 1.9 -

1.4 9.2

19.0 30.5 22.9 20.4 38.6 38.1 12.3 8.4 2.9 1.4 9.4 5.0 5.3 3.9

17.9 11.5 5.6

1.7 1.7 1.8 2.9 3.1 4.4 4.7 4.9 5.6

0.2 0.3 0.8 1.2 1.6 1.7 1.8 1.9 2.1 2.2 2.7

131.2 214.7 268.8 264.3 267.1 94.2 9.8

32.1 21.5 64.9 27.9 22.3 29.8 25.1 49.2 65.3 42.8 41.4 32.3 52.3 57.6 91.3 76.0

22.1 29.0 35.0 49.4 55.3 62.6 67.3 71.9 76.0

5.7 9.4

14.3 21.6 26.5 31.3 38.4 44.7 50.2 55.2 58.9

164.1 100.1 31.7 14.3 18.1 44.6 85.1

110.9 30.6

102.9 13.4 21.5 74.3 2.8

55.7 29.7 36.7 22.6 18.7 13.4 19.3 51.2 15.7

4.6 5.4 6.0 6.8 8.0 9.3

12.0 14.0 15.7

2.7 4.8 8.2 9.7

10.9 12.3 13.9 15.5 16.9 17.4 20.1

142.9 254.2 189.5 238.1 251.1 224.8 189.5 297.3 388.7 520.0 653.4 674.4 608.9 620.4 907.6 988.3

1113.1 1312.3 1392.7 1575.2 1842.2 2207.0 2081.2

665.6 831.4

1005.8 1209.2 1353.5 1535.8 1713.0 1914.3 2081.2

174.2 346.5 553.7 780.0 986.1

1197.5 1418.1 1554.9 1715.3 1882.4 2040.8

14.7 6.1

28.0 13.6 54.4 40.0 16.1 17.3 33.9 42.1 50.6 43.9 64.2 47.6 70.5 77.1

103.6 178.8 137.0 121.4 175.7 226.3 241.7

77.7 106.7 122.3 154.4 170.3 185.7 206.6 225.5 241.7

18.1 42.3 64.1

130.9 153.3 171.7 197.6 215.1 257.1 281.6 313.6

40.3 24.4 27.8 29.0 45.9 31.6 53.0 57.3 60.2 69.6 78.6 92.0 91.3

116.8 144.5 147.5 167.0 173.4 216.1 211.1 280.7 233.9 211.7

73.1 91.1

108.1 127.6 140.0 155.8 173.6 193.6 211.7

22.1 42.1 72.1 95.7

117.2 140.3 165.5 179.1 193.3 208.8 223.7

26.9 30.7 40.8 42.3 40.7 60.4 77.1

115.5 121.7 169.6 216.0 213.5 246.2 275.0 305.0 337.4 385.0 375.6 392.5 401.6 406.1 464.2 415.2

145.6 179.3 217.2 253.5 279.3 310.2 344.4 381.8 415.2

37.6 74.6

118.9 162.8 200.2 243.5 277.7 299.7 324.6 352.0 376.5

116.5 100.7 121.7 144.7 132.4 158.6 210.4 348.1 288.8 358.5 466.2 561.1 605.3 652.7 730.2 813.5 839.6 893.4

1006.1 974.5

1001.8 1114.0 1109.9

384.9 471.6 559.5 654.8 737.9 824.6 923.4

1016.5 1109.9

97.6 187.5 288.5 386.5 486.5 578.0 670.6 755.7 836.0 930.7

1013.9

139.5 218.8 225.9 311.6 287.2 355.5 321.5 387.6 530.6 685.1 822.3 862.7 966.0

1102.7 1262.4 1451.6 1380.0 1564.4 1760.1 1835.0 2145.7 2751.3 3025.1

1032.9 1260.6 1553.1 1798.8 2000.0 2210.2 2500.6 2787.0 3025.1

292.7 548.2 891.7

1217.6 1511.3 1779.9 2060.0 2264.3 2507.4 2806.4 3073.0

0.7 2.3 0.6 1.2 3.9 4.3 5.8

14.1 10.3 16.5 20.8 24.7 40.7 34.8 28.4 25.3 36.5 36.5 45.7 43.6 34.8 58.7 72.2

19.7 24.0 27.7 31.6 37.2 43.4 53.1 60.1 72.2

4.3 10.8 19.0 25.5 32.6 39.6 44.9 48.0 51.6 60.5 65.1

7.3 54.4 45.7 25.8 44.5 13.4 3.9 6.4

33.4 115.7 141.9 186.3 155.4 189.2 160.3 181.8 190.7 284.3 251.5 286.5 288.9 357.5 464.9

122.6 153.3 189.5 224.3 264.5 318.4 356.4 401.4 464.9

42.9 83.7

124.4 171.8 218.0 258.0 295.0 329.5 357.9 391.3 423.2

16.9 24.2 13.7 13.6 33.2 46.4 71.5 55.4 50.9 61.6 71.6 72.7 86.4 66.9

108.7 175.2 93.6 41.8 30.7 50.0 84.3

109.0 126.6

38.9 47.5 55.8 66.2 76.0 84.9 97.2

110.4 126.6

9.5 17.4 30.0 46.5 57.1 71.0 78.3 85.3 99.4

113.7 122.0

19801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002

2002

2003

3.9 4.5

14.2 10.2 10.4 88.7 50.1 46.4 69.9 76.4 81.1

125.4 97.8 95.6

222.2 209.3 194.1 221.2 226.5 375.8 434.4 460.0 460.9

112.3 152.0 204.3 240.6 275.7 336.5 363.1 404.8 460.9

42.5 74.1

135.8 181.6 201.0 252.4 282.5 300.9 342.7 384.9 438.2

(1) As of 1992, data concern reunified Germany

XX-4-M. BREAKDOWN OF IMPORT BY MAIN COUNTRIES

( in MTD )

LIB

YA

TOTA

L

OTH

ERC

OU

NTR

IES

FOR

MER

U.S

.S.R

UN

ITED

STA

TES

(U.S

.A)

CA

NA

DA

SPA

IN

UN

ITED

KIN

GD

OM

NET

HER

LAN

DS

BEL

GIU

M

GER

MA

NY

(1)

ITA

LY

FRA

NC

E

MO

RO

CC

O

ALG

ERIA

PERIODS

81




1428.4 1867.0 2002.0 2106.4 2508.9 2287.0 2308.3 2509.5 3167.0 4163.6 4826.4 4789.0 5688.8 6172.1 6647.3 7464.1 7498.8 8793.5 9489.5

10070.5 11738.0 13697.3 13510.9

4283.6 5434.1 6554.3 7723.3 8747.9 9836.3

11157.6 12270.7 13510.9

1120.0 2136.5 3315.2 4735.6 5966.0 7123.9 8280.0 9281.6

10337.4 11519.1 12621.3

427.8 559.4 437.4 570.2 523.0 436.4 486.4 556.8 674.8

1005.0 962.7 875.0 997.7

1116.4 1286.9 1404.9 1499.0 1692.8 1818.8 2091.2 2402.9 2929.1 2893.0

923.8 1160.8 1388.6 1631.8 1854.8 2119.1 2390.7 2631.5 2893.0

230.6 417.2 672.3 939.5

1205.0 1465.3 1697.3 1915.7 2158.2 2418.6 2657.7

11.6 18.6 10.6 7.9

33.2 12.7 30.2 21.6 33.8 72.5 84.3 65.2 73.3 99.2

106.8 208.6 95.9

146.0 177.9 194.8 261.9 331.2 500.5

131.4 168.9 188.7 209.0 239.6 295.3 364.2 426.8 500.5

45.6 84.8

126.4 181.1 205.3 234.8 263.8 297.0 339.4 368.5 409.4

24.8 45.5 56.0 31.1 51.7 43.9 47.5 51.3 74.3 47.5 42.9 75.0 55.3 29.0 36.4 70.7 36.4 66.4 49.3 65.9 30.7 65.4

128.2

69.2 75.3 91.4 93.4

101.2 107.4 112.7 120.6 128.2

9.8 37.4 52.2 74.0 83.6 99.2

109.1 110.9 114.9 116.4 118.2

83.5 140.6 157.3 195.9 199.5 133.3 160.1 149.1 224.4 211.9 251.9 229.7 283.1 359.6 437.7 377.8 312.2 377.7 328.0 433.7 540.8 551.6 427.2

171.3 197.5 228.7 268.4 294.2 339.8 375.3 403.0 427.2

31.2 62.2 87.4

111.4 150.2 174.8 204.0 235.8 266.5 296.1 318.7

225.0 273.9 296.9 243.6 359.0 290.6 242.9 285.4 421.9 569.8 767.8 835.6

1033.2 1137.5 1025.0 1141.8 1413.6 1698.2 1887.2 1856.4 2243.4 2620.3 2632.5

856.3 1080.1 1302.3 1549.4 1711.4 1915.5 2144.1 2359.9 2632.5

217.3 444.2 690.8 990.4

1234.2 1476.0 1701.1 1897.7 2067.6 2297.6 2535.6

28.2 34.7 40.4 36.8 47.5 41.7 44.6 43.2 53.3 63.0 81.8 85.1

100.7 141.0 147.9 150.4 140.7 230.2 201.2 210.2 283.6 329.0 319.6

106.6 135.7 162.6 184.8 208.3 232.8 262.4 289.6 319.6

21.8 45.0 82.2

113.0 140.0 163.2 188.1 215.6 236.8 264.5 285.2

35.6 49.1

102.0 43.5 53.2 52.2 57.2 59.7 76.0

100.0 126.5 103.5 125.9 136.8 140.9 194.7 175.0 178.5 238.1 218.4 244.7 251.2 244.9

84.4 105.1 126.7 148.6 168.3 181.5 201.6 224.7 244.9

22.6 51.7 73.8

120.2 140.3 160.2 176.8 193.3 206.4 223.9 251.2

37.6 43.0 48.8 80.4 95.2 77.9

117.9 113.7 152.0 195.1 230.6 256.7 267.7 268.9 290.3 334.6 338.9 351.7 356.1 382.6 402.5 478.6 419.7

136.2 174.9 213.8 250.5 273.3 304.3 345.2 384.3 419.7

34.7 65.1

101.1 140.5 175.1 207.7 242.9 265.4 294.7 335.6 370.1

135.1 171.6 231.2 242.0 261.9 276.6 299.5 317.1 400.0 486.4 616.0 684.4 868.6 811.0 812.0 938.4 951.0

1187.7 1143.4 1122.0 1126.3 1306.7 1205.5

373.0 481.5 575.9 665.5 767.0 873.9

1003.6 1107.4 1205.5

91.1 184.8 303.0 410.5 530.9 646.7 742.8 844.8 948.0

1058.4 1153.0

359.6 453.1 521.4 530.0 606.5 631.7 633.2 687.2 785.2

1095.4 1345.5 1247.5 1448.8 1670.5 1824.4 1912.2 1831.2 2091.5 2569.4 2694.1 3088.1 3531.9 3454.7

1042.8 1385.9 1737.9 2047.8 2309.3 2556.9 2877.3 3138.6 3454.7

319.9 558.6 845.2

1217.8 1538.4 1820.6 2160.5 2402.1 2661.4 2978.5 3259.2

5.9 8.9

11.8 10.6 14.8 16.5 13.6 23.3 41.9 46.1 42.1 62.2 65.8 48.8 47.9 56.4 57.1 53.7 58.0 51.1 87.1 93.1 81.7

27.6 35.1 44.4 50.0 55.7 66.1 70.6 76.4 81.7

6.7 9.6

13.8 22.7 27.9 32.6 37.9 40.3 45.4 50.7 53.3

4.1 5.2 5.1

16.8 21.4 17.7 1.7 -

7.6 16.0 26.4 29.1 45.4 52.3

123.8 192.6 228.5 268.6 198.3 281.4 437.7 466.0 408.1

136.0 144.7 153.7 212.1 272.2 293.0 369.6 389.4 408.1

36.7 68.1 84.2

156.5 194.6 222.6 261.1 296.6 340.4 364.5 388.8

2.4 2.7 1.1 3.3

91.0 130.1 64.0 86.6 76.2 97.3 98.5 92.3

134.4 99.4

128.1 169.9 123.8 84.5 57.0 63.1

119.9 119.1 128.1

39.9 56.2 60.1 62.2 75.9 78.6

106.1 118.5 128.1

2.7 13.9 30.9 36.6 53.5 64.0 75.7 87.3

111.5 130.9 149.4

19801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002

2002

2003

47.2 60.7 82.0 94.3

151.0 125.7 109.5 114.5 145.6 157.6 149.4 147.7 188.9 201.7 239.2 311.1 295.5 366.0 406.8 405.6 468.4 624.1 667.2

185.1 232.4 279.5 349.8 416.7 472.1 534.2 600.0 667.2

49.3 93.9

151.9 221.4 287.0 356.2 418.9 479.1 546.2 614.9 671.5

(1) The same footnote as the previous page

XXI-1. GROSS DOMESTIC PRODUCT (GDP) BY BRANCH OF ECONOMIC ACTIVITY*

(in MTD)

C U R R E N T P R I C E S 1990 C O N S T A N T P R I C E S

1999 2000 2001 2002 2003 1999 2000 2001 2002 2003________________________________ _______ _______ _______ _______ ______ ________ _______ _______ _______ _______

AGRICULTURE AND FISHING

INDUSTRY

MiningEnergy Gas and petroleum products Electricity and waterManufacturing industries Agriculture and food processing Building materials,ceramics and glass Mechanical and electrical industries Chemicals and rubber Textiles,leather & clothing Wood, paper and plastics Construction & civil engineering

HOTELS,CAFES,RESTAURANTS

OTHER NON-ADMINISTRATIVESERVICES

Telecommunications and Transport Rentals Commercial & other services Less:imputed financial services

TOTAL MARKET ACTIVITIES

Non market services activities of which:Pub. administration

GROSS DOMESTIC PRODUCTAT FACTOR COST

Indirect taxes net of subsidies

GROSS DOMESTIC PRODUCTAT MARKET PRICES

GDP GROWTH RATE (in %)

3210.9

6962.3

209.7 1161.9 703.0 458.9

4469.5 816.5 409.6 613.9 505.9

1551.0 572.6

1121.2

1540.1

7045.9

1906.0 825.2

4314.7 722.2

18037.0

3335.0 3243.0

21372.0

3299.5

24671.5

9.4

3297.5

7622.2

234.4 1287.5 804.9 482.6

4847.9 896.9 447.6 674.8 528.4

1683.4 616.8

1252.4

1632.4

7748.2

2138.2 883.8

4726.2 793.9

19506.4

3593.4 3499.6

23099.8

3585.5

26685.3

8.2

3330.5

8296.2

241.7 1351.9 828.2 523.7

5312.4 892.4 481.6 788.8 554.8

1922.4 672.4

1390.2

1722.2

8497.2

2387.9 951.0

5158.3 854.4

20991.7

3895.3 3748.1

24887.0

3854.4

28741.4

7.7

3085.7

8743.9

242.9 1424.5 864.7 559.8

5558.5 923.7 515.8 837.0 588.7

1980.1 713.2

1518.0

1692.9

9106.5

2512.9 1018.5 5575.1 885.0

21744.0

4210.8 4014.9

25954.8

3935.3

29890.1

4.0

3891.0

9233.6

256.0 1501.2 904.5 596.7

5859.7 985.5 547.3 888.0 609.3

2069.2 760.4

1616.7

1791.1

9758.1

2750.1 1090.8 5917.2 964.9

23708.9

4501.3 4300.0

28210.2

4073.1

32283.3

8.0

2306.3

4830.0

142.1 1020.5 674.3 346.2

2923.7 565.5 290.3 418.1 308.3 948.6 392.9 743.7

850.1

5095.2

1431.0 554.1

3110.1 684.0

12397.6

2124.6 2063.6

14522.2

1892.3

16414.5

6.1

2283.0

5095.0

149.2 1009.9 651.4 358.5

3116.6 608.4 312.9 446.6 323.7

1008.0 417.0 819.3

880.1

5458.0

1580.9 576.3

3300.8 751.5

12964.6

2223.0 2161.0

15187.6

1993.7

17181.3

4.7

2237.3

5383.6

150.7 1024.1 644.9 379.2

3332.1 593.2 327.0 509.1 331.8

1129.0 442.0 876.7

902.1

5850.5

1744.1 599.4

3507.0 787.6

13585.9

2327.5 2247.4

15913.4

2103.3

18016.7

4.9

1991.2

5554.0

147.7 1082.1 686.8 395.3

3394.9 590.2 340.1 526.9 343.4

1134.6 459.7 929.3

861.5

6141.2

1833.0 623.3

3684.9 797.1

13750.8

2436.9 2337.3

16187.7

2130.7

18318.4

1.7

2421.3

5712.3

152.1 1102.1 690.9 411.2

3491.7 613.8 350.3 545.4 346.8

1157.3 478.1 966.4

883.0

6481.0

2008.9 648.3

3823.8 849.1

14648.5

2529.5 2430.8

17178.0

2156.3

19334.3

5.5

* Provisional figures for

82

Source : Ministry of Development and International Cooperation

2003

XXI-2. USE OF GROSS DOMESTIC PRODUCT*

(in MTD and at current prices)

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003________________________________ _______ _______ _______ _______ ______ ________ _______ _______ _______ _______

1- Private consumption2- Government consumption3- Gross Fixed capital Formation Administration Businesses Households4- Variation in stocks5- Exports of goods and services6- Minus:Imports of goods & services

GDP at market prices

9799.3 2582.3 4278.7 887.1

2751.4 640.2 381.6

7105.5 7570.4

15813.8

10728.3 2776.7 4120.7 987.9

2457.8 675.0 92.1

7657.0 8323.0

17051.8

11618.4 2965.0 4422.3 1134.7 2592.3 695.3 356.4

8029.9 8325.8

19066.2

12590.8 3295.5 5152.9 1178.2 3194.7 780.0 372.4

9146.7 9660.0

20898.3

13716.5 3530.4 5610.2 1240.8 3529.4 840.0 461.3

9711.9 10469.5

22560.8

14900.0 3835.9 6277.6 1458.6 3880.5 938.5 209.5

10500.5 11052.0

24671.5

16181.4 4165.0 7020.3 1562.9 4410.4 1047.0 260.0

11783.5 12724.9

26685.3

17508.3 4527.4 7527.0

.. .. ..

476.9 13558.7 14856.9

28741.4

18698.8 4925.8 7540.0

.. .. ..

-8.2 13400.2 14666.5

29890.1

20082.6 5359.2 7805.0

.. .. ..

224.3 14335.0 15522.8

32283.3

* Provisional figures for

83

Source : Ministry of Development and International Cooperation

2003

XXI-3. BREAKDOWN OF GROSS FIXED CAPITAL FORMATION BY BRANCH OF ACTIVITY*

(in MTD and at current prices)

2003200220012000199919981997199619951994________________________________ _______ _______ _______ _______ ______ ________ _______ _______ _______ _______

AGRICULTURE AND FISHING

INDUSTRYMiningEnergy Petroleum products Electricity and waterManufacturing industries Agriculture and food processing Building materials,ceramics and glass Mechanical and electrical industries Chemicals and rubber Textiles,leather & clothing Wood, paper and plastics Construction & civil engineering

HOTELS,CAFES,RESTAURANTS

OTHER NON-ADMINISTRATIVESERVICES Telecommunications and Transport Housing Commercial & other services

COMMUNITY FACILITIESGAZODUCMISKAR

TOTAL

515.8

1128.5 29.9

486.8 176.8 310.0 565.7 115.0 122.0 76.1 63.4

125.6 63.6 46.1

273.2

1610.4 704.2 643.2 263.0

411.7 17.6

321.5

4278.7

596.6

1051.3 25.2

381.9 203.0 178.9 586.0 130.0 103.5 77.0 65.0

140.5 70.0 58.2

306.0

1643.7 661.0 677.4 305.3

410.1 2.0

111.0

4120.7

717.8

1110.0 20.6

377.2 180.9 196.3 642.2 140.0 112.0 84.6 70.0

155.1 80.5 70.0

336.0

1769.0 734.8 698.6 335.6

488.1 -

1.4

4422.3

736.0

1435.9 39.8

595.1 247.0 348.1 719.0 173.0 98.0

100.0 83.0

170.0 95.0 82.0

324.9

2092.8 917.8 783.3 391.7

563.3 - -

5152.9

824.3

1607.5 41.5

635.0 272.0 363.0 832.0 221.8 100.0 120.0 85.0

208.2 97.0 99.0

329.0

2266.2 943.8 843.1 479.3

583.2 - -

5610.2

860.8

1554.6 43.3 530.0 222.0 308.0 876.3 231.0 120.1 135.0 75.0 215.2 100.0 105.0

331.0

2907.4 1397.6 946.1 563.7

623.8 - -

6277.6

890.0

1962.0 42.3

851.5 354.7 496.8 953.2 241.6 129.7 150.0 84.9

233.1 113.9 115.0

324.0

3175.8 1490.0 1055.1 630.7

668.5 - -

7020.3

930.0

2066.0 40.0

860.0 370.0 490.0

1022.0 204.0 160.0 175.0 90.0

263.0 130.0 144.0

360.0

3371.0 1475.0 1180.0 716.0

800.0 - -

7527.0

822.0

1972.0 40.0

807.0 477.0 330.0 975.0 200.0 175.0 180.0 95.0

185.0 140.0 150.0

340.0

3575.0 1580.0 1260.0 735.0

831.0 - -

7540.0

862.0

1963.0 48.0

740.0 400.0 340.0

1020.0 210.0 185.0 190.0 100.0 190.0 145.0 155.0

320.0

3803.0 1740.0 1300.0 763.0

857.0 - -

7805.0

( in MTD)

1999 2000 2001 2002 2002 2003*

A. Current transactions 11626.9 13096.2 15292.8 15306.9 14055.0 14474.3

Goods 6966.9 8004.8 9503.7 9748.6 8935.6 9440.1Services 3463.8 3791.9 4189.5 3812.9 3510.5 3391.6

Transport 709.9 814.5 918.3 869.7 797.2 789.2Freight 86.5 95.5 113.1 104.4 95.7 94.7Others 623.4 719.0 805.2 765.3 701.5 694.5

Travel 2166.7 2306.9 2519.2 2165.6 2000.9 1914.0Of which: Tourism (1954.3) (2095.1) (2340.6) (2021.0) (1888.4) (1776.7)

Goverment transactions 115.7 119.3 119.2 111.3 102.0 101.1Other services 471.5 551.2 632.8 666.3 610.4 587.3

Factor income 1124.9 1219.8 1471 1624.0 1493.3 1537.0Capital income 105.2 128.7 137.1 102.3 95.4 96.9

Of which: interest on long term loans (99.8) (122.2) (133.9) (89.0) (83.4) (76.0)Labour income 1019.7 1091.1 1333.0 1521.7 1397.9 1440.1

Current transfers 71.3 79.7 128.6 121.4 115.6 105.6Tunisian public sector 18.6 39.7 83.3 59.1 57.3 44.7Tunisian private sector 52.7 40.0 45.3 62.3 58.3 60.9

B.Capital and financial transactions account 2958.4 3717.8 3714.1 4207.3 2587.2 2405.5

Capital transactionsFinancial transactions 86.4 12.1 79.9 118.4 89.3 14.8

Direct investments 2872 3705.7 3634.2 4088.9 2497.9 2390.7Portfolio investments 437.4 1068.4 700.0 1169.8 1088.5 770.2Government medium and long term loans 74.5 69.5 18.3 23.8 14.1 30.8

Public origin 1145.2 1490.5 1979.5 1599.2private origin 845.6 693.8 1295.4 630.4

Business medium and long term loans 299.6 796.7 684.1 968.8Assets 637.8 698.8 670.3 1064.9Liabilities 9.4 0.2 - - 1395.3 (2) 1589.7 (2)

Public origin 628.4 698.6 670.3 1064.9private origin 209.2 227.2 366.0 724.4

Short term capital ( net movements) 419.2 471.4 304.3 340.5577.1 378.5 266.1 231.2

C.Adjustment operations (net movements)

5.4 - - -

General total 14590.7 16814.0 19006.9 19514.2 16642.2 16879.8

* Provisional figures(1) The footnote of this page is explained in the methodological pages.(2) the consolidation action is justified by the impossibility to operate, monthly, the necessary distinction between the different capital borrowing balance categories .

84

XXII-2- EXTERNAL PAYMENTS : TREND IN RECEIPTS (1)

11 MonthsCATEGORY

( in MTD)

1999 2000 2001 2002 2002 2003*

A. Current transactions 12161.5 14221.9 16534.4 16367.1 14939.1 15262.1

Goods 9516.6 11092.4 12943.9 12767.8 11595.8 11927.1Services 1462.8 1670.1 2051.5 2062.7 1922.3 1967.0

Transport 682.7 749.6 941.5 928.3 868.1 892.9Freight 472.3 511.7 651.7 668.8 625.4 645.7Others 210.4 237.9 289.8 259.5 242.7 247.2


Goverment transactions 111.6 136.5 132.8 139.1 131.7 124.4Other services 384.7 424.1 584.3 625.2 583.2 588.3

Factor income 1177.1 1447.8 1520.3 1519.1 1405.3 1348.3Capital income 1160.9 1419.2 1490.2 1500.7 1387.3 1328.9

Of which: interest on M&L term loans (577.7) (652.2) (652.4) (702.4) (653.0) (614.1)Labour income 16.2 28.6 30.1 18.4 18.0 19.4


B.Capital and financial transactions account 1611.2 2883.2 2063.7 2900.2 1454.7 1194.0Capital transactions 16.0 7.9 4.3 10.6 9.9 10.6Financial transactions 1595.2 2875.3 2059.4 2889.6 1444.8 1183.4

Direct investments 25.6 39.5 42.6 40.2 36.9 39.8Portfolio investments 62.7 97.1 39.0 14.5 14.1 18.0Government medium and long term loans 780.8 1370.3 885.7 1060.0 986.6 742.7

Public origin 687.9 786.5 787.0 888.6 820.5 694.3private origin 92.9 583.8 98.7 171.4 166.1 48.4

Business medium and long term loans 446.2 513.2 493.9 515.4 407.2 382.9Assets - - - - - -Liabilities 446.2 513.2 493.9 515.4 407.2 382.9

Public origin 192.6 262.1 234.1 240.3 180.8 150.0private origin 253.6 251.1 259.8 275.1 226.4 232.9

Short term capital ( net movements) 279.9 855.2 598.2 1259.5 - -

C.Adjustment operations (net movements) - 41.7 35.0 48.2 - -

General total 13772.7 17146.8 18633.1 19315.5 16393.8 16456.1

* Provisional figures(1) The footnote of this page is explained in the methodological pages.

-85-

XXII-2- EXTERNAL PAYMENTS : TREND IN EXPENDITURES (1)

11 MonthsCATEGORY

( in MTD)

CATEGORY 1999 2000 2001 2002 2002 2003*

A. Current transactions -534.6 -1125.7 -1241.6 -1060.2 -884.1 -787.8

Goods ( FOB) -2549.7 -3087.6 -3440.2 -3019.2 -2660.2 -2487.0Services 2001.0 2121.8 2138.0 1750.2 1588.2 1424.6

Transport 27.2 64.9 -23.2 -58.6 -70.9 -103.7Freight -385.8 -416.2 -538.6 -564.4 -529.7 -551.0Others 413 481.1 515.4 505.8 458.8 447.3


Goverment transactions 4.1 -17.2 -13.6 -27.8 -29.7 -23.3Other services 86.8 127.1 48.5 41.1 27.2 -1.0

Factor income -52.2 -228.0 -49.3 104.9 88.0 188.7Capital income -1055.7 -1290.5 -1353.1 -1398.4 -1291.9 -1232.0Labour income 1003.5 1062.5 1303.8 1503.3 1379.9 1420.7


B.Capital and financial transactions account 1347.2 834.6 1650.4 1307.1 1132.5 1211.5

Capital transactions 70.4 4.2 75.6 107.8 79.4 4.2Financial transactions 1276.8 830.4 1574.8 1199.3 1053.1 1207.3

Direct investments 411.8 1028.9 657.4 1129.6 1051.6 730.4Portfolio investments 11.8 -27.6 -20.7 9.3 - 12.8Government M&L term loans 364.4 120.2 1093.8 539.2

Public origin 157.7 -92.7 508.4 -258.2private origin 206.7 212.9 585.4 797.4

Business M&L term loans 191.6 185.6 176.4 549.5Assets 9.4 0.2 - - 1.5 (2) 464.1 (2)Liabilities 182.2 185.4 176.4 549.5

Public origin 16.6 -34.9 131.9 484.1private origin 165.6 220.3 44.5 65.4

Short term capital ( net movements) 297.2 -476.7 -332.1 -1028.3

C.Adjustment operations (net movements)5.4 -41.7 -35.0 -48.2 - -

General total 818.0 -332.8 373.8 198.7 248.4 423.7

* Provisional figures(1) The footnote of this page is explained in the methodological pages.(2) the consolidation action is justified by the impossibility to operate, monthly, the necessary distinction between the different capital borrowing balance categories .

11 Months

XXII-3. EXTERNAL PAYMENTS: TREND IN BALANCES (1)

-86-

1999 2000 2001 2002 2002 2003*I. RECEIPTS

Goods exports 2325.5 2775.0 3442.5 3430.0 3094.7 3371.4Transport 607.1 703.9 811.1 767.9 703.9 695.9Travel 2165.0 2305.4 2517.5 2163.7 1999.2 1912.3

of which : tourism (1954.3) (2095.1) (2340.6) (2021.0) (1888.4) (1776.7)Goverment transactions 115.7 119.3 119.2 111.3 102.0 101.1Capital income 105.2 128.7 137.1 102.3 95.4 96.9Labour income 732.0 810.0 1013.7 1123.8 1032.7 1089.0Current transfers 46.3 40.2 113.1 94.6 91.8 81.8Direct investments 253.1 835.6 365,0 712.2 688.8 350.7Portfolio investments 74.5 69.5 18.3 23.8 14.1 30.8Government medium and long term loans 921.7 1248.9 1909.4 1479.2 1344.7 1183.4Business medium and long term loans 207.6 293.2 365.7 821.8 621.5 543.4

II. EXPENDITUREGoods imports (FOB)Transport 4102.4 5480.1 6432.2 6682.0 6117.8 6242.0Travel 451.0 492.8 638.9 594.9 562.5 587.3

of which : tourism (276.4) (353.3) (388.9) (365.8) (335.4) (356.4)Goverment transactions 170.8 236.0 251.1 228.8 214.7 230.1Capital income 103.2 120.6 130.6 125.1 118.9 111.6Labour income 821.8 1087.8 1058.8 1039.0 965.4 952.7Current transfers 16.2 28.6 30.1 18.4 18.0 19.4Direct investments 3.3 10.1 17.0 15.6 14.0 18.0Portfolio investments 10.9 13.5 10.2 13.2 12.1 15.1Government medium and long term loans 62.7 97.1 39.0 14.5 14.1 18.0Business medium and long term loans 780.8 1370.3 885.7 1060.0 986.6 742.7

446.2 513.2 493.9 515.4 407.2 382.9

XXII-5. Some external debt parameters( in MTD unless otherwise indicated)

CATEGORY 1999 2000 2001 2002A -Net external capital inflows rectified

by the exchange reserve variationsor the balance of current transactions balance. 534.6 1125.7 1241.6 1060.2A / GDP (in %) 2.2 4.2 4.3 3.5B - Outstanding external debt (at end of year) 12795 13691 15033,0 16115Indebtedness rate : B/GNAI ( in%) 51.8 51.7 52.2 53.5C -Medium and long term debt service 1804.7 2536.0 2032.0 2277.8of which: interests 577.7 652.2 652.4 702.4D -Current receipts (payment perspectives) 11626.9 13096.2 15292.8 15306.9debt service ratio :C / D (in %) 15.5 19.4 13.3 14.9

* Provisional figures(1) The footnote of this page is explained in the methodological pages.

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11 Months

XXII-4. TREND IN MAIN PAYMENT TRANSACTIONS (1)

( in MTD)

CATEGORY

CATEGORY 1998 1999 2000 2001 2002

Direct Investments -13435.4 -14276.2 -15947.6 -17083.4 -18708.7

- Assets 37.7 41.7 45.8 47.5 49.5 - Liabilities -13473.1 -14317.9 -15993.4 -17130.9 -18758.2

Portfolio Investments -1219.0 -1277.2 -1310.9 -1329.6 -1377.4

- Assets 59.0 60.9 63.7 65.6 67.5 Equity Investments 59.0 60.9 63.7 65.6 67.5 Claims securities 0 0 0 0 0 - Liabilities -1278.0 -1338.1 -1374.6 -1395.2 -1444.9 Equity Investments -1278.0 -1338.1 -1374.6 -1395.2 -1444.9 Claims securities 0 0 0 0 0

Other Investments -11205.5 -13595.6 -14093.6 -15605.7 -16168.1

* MLT Loans to government -8127.1 -9576.0 -10159.9 -11264.0 -11688.4

- Assets - - - - - - Liabilities -8127.1 -9576.0 -10159.9 -11264.0 -11688.4

. Public origin -5595.6 -6709.3 -7075.9 -7915.7 -7538.6

. Private origin -2531.5 -2866.7 -3084.0 -3348.3 -4149.8

* MLT Loans to companies -2625.8 -3089.5 -3393.7 -3625.1 -4293.2 - Assets 105.0 129.0 137.4 143.9 133.4 - Liabilities -2730.8 -3218.5 -3531.1 -3769.0 -4426.6

. Public origin -1301.6 -1429.1 -1490.1 -1667.9 -2233.8

. Private origin -1429.2 -1789.4 -2041.0 -2101.1 -2192.8

* Short term loans -452.6 -930.1 -540.0 -716.6 -186.5 - Financial -632.9 -1016.7 -1048.7 -1214.7 -1231.3

. Assets 731.9 808.6 963.7 803.0 947.6

. Liabilities -1364.8 -1825.3 -2012.4 -2017.7 -2178.9 - Commercial 180.3 86.6 508.7 498.1 1044.8

. Assets 570.1 203.2 700.1 758.9 1114.8

. Liabilities -389.8 -116.6 -191.4 -260.8 -70.0

Reserve assets 2149.2 2967.2 2634.4 3008.0 3206.7

- Monetary gold 4.4 4.4 4.4 4.4 4.4 - Special drawing rights 8.6 39.5 11.9 13.3 14.3 - IMF reserves position 0.1 32.2 34.5 36.5 37.5 - Foreign currencies 2136.1 2891.1 2583.6 2953.8 3150.5

Total -23710.7 -26181.8 -28717.7 -31010.7 -33047.5(1) The footnote of this page is explained in the methodological pages.

XXIII- OVERALL EXTERNAL POSITION OF TUNISIA (1)

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(Outstanding at end of period. in MTD)

f inancial s tatistics - Banque Centrale de Tunisie

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