The Tunisian University of Artisans and Small and Medium Enterprises has proposed a special program to rationalize public expenditure and govern state assets. This program is set to be included in the 2027 finance bill and will run from January 1, 2027, to December 31, 2029. The program aims to optimize public spending and improve the management of state assets. According to the university's president, Mehdi Braboush, the program will focus on freezing the purchase of new administrative and functional vehicles for public structures.
The proposed program also plans to gradually eliminate non-essential functional vehicles. This move is expected to reduce public expenditure and promote more efficient use of state resources. The program's implementation will be crucial in achieving its objectives, and its impact will be monitored closely by stakeholders. The Tunisian University of Artisans and Small and Medium Enterprises is a key player in promoting economic development and improving the business environment in Tunisia.
The program's proposal comes at a time when Tunisia is seeking to strengthen its economic foundations and improve its competitiveness. The country has been working to enhance its business environment and attract investment. The proposed program aligns with these efforts and is expected to contribute to Tunisia's economic growth and development. The program's focus on rationalizing public expenditure and governing state assets will help to promote transparency and accountability.
On a related note, a Tunisian business delegation will be visiting Dar es Salaam, Tanzania, from November 23 to 26, 2026. The delegation will comprise multiple sectors and aims to explore new opportunities for trade and investment. This visit is expected to strengthen economic ties between Tunisia and Tanzania and promote cooperation between the two countries.
In other news, the Minister of Economy recently met with the Deputy Chairman of the Omani group, SB HOLDING. The meeting discussed ways to enhance economic cooperation and explore new opportunities for investment. The Minister of Economy emphasized the importance of strengthening economic ties with Oman and promoting trade between the two countries.
The "Articrea" salon, which took place recently, attracted international buyers and opened up new avenues for export and partnership. The event provided a platform for Tunisian businesses to showcase their products and services and connect with potential partners. The success of the event highlights Tunisia's potential for growth and development in various sectors.
In a statement, the Ministry of Industry clarified that there are currently no plans or studies underway to list the oil transport company, TRAPSA, on the stock exchange. The Ministry emphasized that any such decision would be communicated to the public in due course. TRAPSA plays a critical role in Tunisia's oil sector, and any developments related to its listing would be closely watched by stakeholders.
Key points
- The proposed program aims to rationalize public expenditure and govern state assets in Tunisia.
- The program will run for three years, from 2027 to 2029.
- The program's focus on freezing the purchase of new vehicles and eliminating non-essential functional vehicles is expected to reduce public expenditure.
