Tunisia's government is set to continue improving its economic growth rate and maintaining a stable exchange rate for the dinar in 2027, according to the country's finance ministry. The 2027 budget plan is based on a forecast of a 3.4% global economic growth rate, up from 3% in 2026, and a 1.2% growth rate in the eurozone, up from 0.9%. The plan also assumes a global inflation rate of 3.9% and an average oil price of $75-80 per barrel.
The 2027 budget plan aims to achieve several strategic objectives, including reducing the budget deficit and increasing the state's self-financing ratio. The government also plans to accelerate the digitalization of the tax and financial systems, increase non-tax revenue, and enhance transparency and governance in public financial management. These objectives are part of the government's efforts to implement its 2026-2030 development plan.
The government plans to support public institutions and companies, ensuring their continuity and competitiveness. This will be achieved by implementing mechanisms to guarantee their activity and enhance their economic and social impact. The government also aims to promote regional development by encouraging public institutions to take on more social responsibility and implement development projects in different regions.
The 2027 budget plan is a crucial step in implementing Tunisia's 2026-2030 development plan, which aims to accelerate economic growth and improve living standards. The plan focuses on investing in infrastructure, promoting entrepreneurship, and enhancing the business environment. The government has emphasized the importance of accelerating project implementation and achieving tangible results.
The finance ministry is currently preparing the 2027 budget and finance bills, which will be submitted to the Council of Ministers for discussion and then to the Assembly of People's Representatives for approval. The government aims to finalize the budget plan by October 15, in line with constitutional deadlines.
The 2027 budget plan has been influenced by the global economic outlook, which is expected to improve in 2027. The plan takes into account the expected growth in global demand, the recovery of the eurozone economy, and the projected decline in global inflation. The government aims to balance the need for fiscal sustainability with the need to stimulate economic growth and social development.
The government has reaffirmed its commitment to meeting its public debt obligations and maintaining macroeconomic stability. The 2027 budget plan is expected to play a crucial role in achieving these objectives and promoting economic growth and social development in Tunisia. The plan will be implemented through a range of measures, including investment in infrastructure, support for small and medium-sized enterprises, and enhancement of the business environment.
Key points
- The 2027 budget plan aims to improve economic growth, control inflation, and increase non-tax revenue.
- The plan focuses on investing in infrastructure, promoting entrepreneurship, and enhancing the business environment.
- The government aims to finalize the budget plan by October 15, in line with constitutional deadlines.
