Tunisia’s 2024 State Budget Increases by 9.3%, Debt to Represent Nearly 80% of GDP

Tunisia – Tunisia’s state budget for the fiscal year 2024 is set to increase by 9.3%, amounting to 77.868 million dinars (approximately 24.973 million USD). The budget bill indicates that the State’s own resources will rise by 8.4% to 49,160 million dinars (around 15,766 million USD). accounting for 63.1% of total resources.

According to Africa News Agency, Government debt in Tunisia is projected to represent 79.81% of the country’s GDP by the end of 2024, slightly down from 80.20% in 2023 and 79.83% in 2022. In value terms, the country’s debts are expected to reach 139.9 billion dinars (about 44.8 billion USD) by the end of 2024. The budget for 2024 also includes allocations for hydrocarbon and electricity compensation (around seven billion dinars or 2.2 billion USD) and 2.6 billion dinars (833 million USD) for the cereal’s subsidy.

Related Articles

Back to top button