Tunisia's government is targeting continued improvement in economic growth, stability in the exchange rate of the dinar, and control of inflation in 2027. The government also aims to accelerate the implementation of projects to enhance the economic and social returns of public investments. These goals are part of the 2027 state budget, which is based on assumptions of a global economy with improved external demand, a growth rate of 3.4% in 2027, and a eurozone growth rate of 1.2%.
The 2027 budget is built around several strategic objectives, including controlling the budget deficit, increasing the mobilization of domestic resources, and advancing the digitalization of the tax and financial systems. The government also aims to support non-tax revenues and increase their share of total domestic resources. Additionally, the budget focuses on enhancing transparency and governance in public financial management through the establishment of monitoring and evaluation systems.
The government plans to prioritize the development of public institutions and companies, ensuring their continuity and competitiveness. This includes supporting their economic and social impact and contributing to regional development by enhancing their social responsibility. The government will also focus on completing development projects across different regions, including the establishment of industrial zones and the improvement of water and electricity networks.
The 2027 budget represents a critical phase in the implementation of Tunisia's 2026-2030 development plan, marking the second year of this plan. The government aims to transition from setting strategic frameworks to accelerating implementation and consolidating reforms. According to the prime minister's circular, the budget preparation is based on achieving a balance between financial sustainability and promoting economic and social growth.
The Ministry of Finance is currently preparing the 2027 finance law and budget, which will be submitted to the Council of Ministers for discussion and then to the People's Assembly by October 15, as per constitutional deadlines. The government aims to fulfill all its obligations, particularly those related to public debt repayment, within the specified deadlines.
The budget assumptions are based on a global economic outlook with improved external demand, a growth rate of 3.4% in 2027, and a eurozone growth rate of 1.2%. The budget also assumes a decline in global inflation to 3.9% and an average oil price of $75-80 per barrel. The government aims to continue controlling the budget deficit and enhancing transparency and governance in public financial management.
The government plans to support economic growth and improve public finances through policies that promote financial sustainability and support sustainable development. The 2027 budget is a key step in achieving these goals, and its implementation will be closely monitored to ensure its effectiveness in promoting economic growth and improving public finances.
Key points
- The 2027 budget aims to improve economic growth, control inflation, and enhance public finances.
- The government plans to prioritize the development of public institutions and companies.
- The budget assumes a growth rate of 3.4% in 2027 and a eurozone growth rate of 1.2%.
