Tunisia's Ministry of Finance has identified key priorities for the country's 2027 budget, focusing on controlling the budget deficit, enhancing self-financing, and continuing support for essential goods and fuel. These priorities are part of the ministry's efforts to steer the country's economic policy. The ministry's report on budget assumptions and directions highlights its commitment to achieving these objectives.
The Ministry of Finance has based its 2027 estimates on a hypothetical oil price of $75-80 per barrel for Brent crude. It also assumes a stable exchange rate for the dinar and controlled inflation. These assumptions will guide the country's budget planning for the upcoming year. The ministry's projections take into account global economic trends and their potential impact on Tunisia's economy.
To boost revenue, the Ministry of Finance plans to improve the efficiency of the tax system, expand the tax base, and enhance the fight against tax evasion. This will be achieved through digitalization and the use of artificial intelligence. The ministry aims to reduce the economy's reliance on non-taxed sectors. It also seeks to increase revenue through more effective tax collection.
On the expenditure side, the Ministry of Finance confirmed that it will continue to recruit public servants, prioritizing those with advanced degrees. The ministry also plans to support housing programs and accelerate the country's energy transition. These initiatives aim to promote economic growth, improve living standards, and ensure a sustainable future.
The Ministry of Finance's priorities for the 2027 budget reflect the government's commitment to promoting economic development and improving the business environment. The ministry's report highlights the importance of careful budget planning and management. It also underscores the need for effective implementation of budgetary measures.
The 2027 budget will focus on achieving a balanced approach to economic growth, social development, and environmental sustainability. The Ministry of Finance is working to ensure that the budget serves the country's long-term interests. It is also seeking to promote transparency and accountability in budget management.
Key priorities for the 2027 budget include controlling the deficit, promoting self-financing, and supporting essential goods and fuel. The Ministry of Finance is committed to implementing these priorities to achieve sustainable economic growth and improve living standards.
Key points
- Controlling the budget deficit is a top priority for Tunisia's Ministry of Finance in the 2027 budget.
- The ministry assumes a hypothetical oil price of $75-80 per barrel for Brent crude in its 2027 budget estimates.
- The ministry plans to improve tax efficiency and combat tax evasion through digitalization and artificial intelligence.
