The latest version of Tunisia's draft budget law shows that Tunisia seeks to reduce the budget deficit to 5.5 percent in 2025, from 6.3 percent expected in 2024, supported by raising taxes on companies and high-income employees, while aiming to increase growth to 3.2 percent next year, from 2.1 percent this year.
Tunisia is facing a severe financial crisis and struggling to find financing since negotiations with the International Monetary Fund for a loan stalled in 2022. This has led to frequent shortages of some goods.
According to the draft budget, public debt in 2025 will fall to 80.5 percent of GDP, from 82.2 percent in 2024. The budget size next year will be 78.2 billion dinars ($25.18 billion), up 3.3 percent compared to this year. Tax revenues will rise 7.3 percent next year, compared to this year, to $14.57 billion.
