Tunisian parliamentarians approved the revised budget for 2023 by increasing the deficit to 7.7 percent of GDP from the 5.2 percent that was planned in the original budget law.
The size of the budget increased by 1.9 percent compared to the original finance law to 71.239 billion dinars ($22.4 billion) compared to 69.914 billion in the original budget estimates, an increase of 17.4 percent compared to 2022. Expenditures of the 2023 budget also increased by 10.8 percent compared to 6.7 percent in the preliminary estimate, according to the supplementary finance law.
The government lowered its estimate of GDP growth at constant prices from 1.8 percent in the original finance law to 0.9 percent, citing climate change and drought.
Source (Al-Asharq Al-Awsat Newspaper, Edited)
