Tunisia: Presentation of Draft Budget Readjustment to HPR Before End of June

Tunis/Tunisia — The government is currently working to readjust the state budget for 2020 and implement an economic recovery plan, Prime Minister Elyes Fakhfakh, said Wednesday evening.

Presenting his greetings for Aid El Fitr in a televised speech on Watania 1, Fakhfakh specified that the budget readjustment in question will be presented to parliament before the end of June. He reported regression of seven points in the growth rate compared to what was scheduled in the current budget, due to the impact of the crisis linked to the COVID-19 epidemic. This decline will have a considerable effect on fiscal balances, he said, but he stressed that his government will not go down the path of debt, which he said has reached alarming levels. Rather, the government will rely on mobilising its own resources, while keeping spending under control.

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