Tunisia unveils $24.5b draft budget for 2024
The government of Tunisia has drawn a $24.5 billion budget for 2024.
Tunisian President Kais Saied's administration hopes to raise most of its budget funds from tax revenues. / Photo: AFP
The Tunisian government has unveiled a 77.87 billion Tunisian dinars ($24.51 billion) budget for 2024.
This represents a 6.63 billion Tunisian dinars ($2.09 billion), or 9.3% rise compared to the recent estimates.
Tunisia predicts that its economy would grow by 2.1% in 2023.
The North African nation projects to finance the $24.5 billion budget using state funds and credit.
Tunisia hopes to raise 63.1% of the budget using its own resources, including tax revenues, non-tax revenues and grants.
Tax revenues account for 89.6% of the funds that would be used to meet Tunisia's budget obligations.