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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.
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