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FINANCIAL NEWS
Tunisia confirms USD14bn budget for 2017
11 Dec 2016
(MENAFN) Tunisia confirmed USD14.1bn budget for the coming year, involving deficit cutting measures that had been under pressure from unions.
Accordingly, the budget had been agreed on by consensus, while it still included many important financial decisions that will help public finances in 2017.
The country’s powerful UGTT union called off a public sector general strike after reaching a deal with the government on wages.
In addition, it also includes a 7.5 percent increase in firm taxes, a freeze on public sector recruitment outside the security forces.
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