Tunisia: Budget of 2019 without taxes

  • Tunis, Republic of Tunisia
  • 16 October 2018
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The Tunisian government is aiming to ease taxes on companies in some sectors and not impose any new taxes on individuals and institutions in the coming year, after continuous increases over the years that sparked violent protests.
Tunisia seeks economic growth of 3.1 percent compared with 2.6 percent expected this year and 1.9 percent in 2017.
Tunisia's budget in 2019 will increase by 8% to about 40.6 billion dinars. While the government plans to cut the deficit from about 5 percent expected this year to 3.9 percent next year.
Tunisia will cut taxes on companies in the laboratory industries, electrical, mechanical, textile and pharmaceutical industries from 25% to 13.5% in an effort to ease pressure on companies, drive investment, and create more jobs.

Source: (CNBC Arabic site, edited)

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