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FINANCIAL NEWS
Tunisia budget deficit to drop by MTD2.5-2.9mn
31 Aug 2016
(MENAFN) Tunisia will face a fall in this year budget deficit in the range of MTD 2.5 and 2.9mn, 6.5 percent of the State budget.
Accordingly, to keep the deficit under control urgent solutions are needed in order to develop a supplementary finance law.
Additionally, tax revenues had reached 0.03 percent by the end of June this year and taxation on the value added tax fell.
The main goal is to manage the budget deficit almost 3.9 percent in conformity with the prevision of the 2016 finances law and to hold the level of debt at 54.8pct.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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