The Ministry of Finance has published, as an annex to the 2022 finance law, a document on the main lines of the Tunisian State budget in the medium term.
Thus, it is expected that the growth rate will reach 2.5% in 2023 and 2024, then 3% in 2025 and 2026.
This improvement in growth would be explained, according to the ministry, by a recovery in investment, the impetus high value-added production sectors and the economic recovery linked to the end of the health crisis. Preserving financial balances will also be the main challenge to put the country back on the path to growth.
The government aims to gradually reduce its budget deficit by 2026 (from 8.9% of GDP in 2020, to 6.2% in 2022 and 2023, then 5.3% in 2024) thanks to an improvement in resources of 6.1% between 2022 and 2024.
More specifically, the document provides for an increase in State resources from 48.8 billion TND in 2020 to 57.3 billion TND in 2022, then to 61.6 billion TND in 2024. salary should be implemented from 16.4% of GDP in 2020 to 14.4% in 2024.
Subsidy expenditure should decrease from 3.8% of GDP in 2020 to 2.1% in 2024, and management expenditure should decrease by 300 M TND by 2024. Investment expenditure should increase by 400 M M TND by 2026 (4.1 billion TND in 2020).
Source Embassy of France in Tunisia