Tunisia to raise new taxes to close budget deficit
Published on: Monday 26 December 2022
Tunisia's finance minister unveiled a budget Monday aiming to use new tax revenues to claw the deficit back to near five percent of GDP, as the cash-strapped country awaits an international bailout.The 2023 budget comes as the North African country grapples with eye-watering public debt, shortages of goods from sugar to petrol and inflation at nearly 10 percent.The latest plans aim to cut the budget deficit from 7.7 percent of gross domestic product to 5.2 percent, Finance Minister Sihem Boughdiri told journalists.
News source: https://www.al-monitor.com/originals/2022/12/tunisia-raise-new-taxes-close-budget-deficit
