Finance

Tunisia Expects 5.7% Rise in 2025 Budget Revenues

Tunisia Expects 5.7% Rise in 2025 Budget Revenues
Monday, 11 November 2024 13:15

Tunisia’s government is planning a state budget of over $25 billion for 2025, with an economic growth target of 3.2%. The forecast relies on an estimated Brent crude oil price of $77.4 per barrel to support this growth.

Prime Minister Kamel Maddouri shared last week that the government expects a 5.7% increase in budget revenues for 2025. He spoke before the Assembly of the People’s Representatives (ARP) and the National Council of Regions and Districts (CNRD).

Local news outlet La Presse reported that the country expects revenues to reach about 50 billion dinars ($16.03 billion), a rise from 47.3 billion dinars in 2024. The government plans for domestic resources to make up 63.9% of the total, compared to 62.5% last year. To help cover the budget, the government also plans to raise around 28 billion dinars in debt—21.8 billion dinars in domestic debt and 6.1 billion dinars from external sources.

Public spending is expected to reach 59.8 billion dinars, with key priorities including salaries, which account for 40.8% of the budget, and subsidies—mainly for fuel and essential goods—that make up 19.4% of spending.

Even with ongoing economic challenges, Tunisia’s leaders are committed to revitalizing the economy. The total state budget for 2025 is set at 78.2 billion dinars, slightly above the estimated 77.8 billion dinars for 2024. The government is relying on a stable dinar exchange rate and steady global commodity prices, as Maddouri emphasized.

The government also plans to continue tax reforms, aiming to broaden the tax base and include the informal sector while optimizing spending. They also plan to boost growth through non-tax revenues and faster execution of public and private projects.

The country is projecting a GDP growth rate of 3.2% in 2025, up from 1.6% this year, with the expected support of a Brent crude oil price averaging $77.4 per barrel.

On the same topic
• CCA Bank plans first expansion outside Cameroon with a new branch in Chad, following talks with the finance minister.• The entry would make CCA the 11th...
Premium Trust Bank met Nigeria’s ₦200bn capital rule seven months early, equal to about $133m at current rates. Wema Bank, Stanbic IBTC,...
• Kenya's stock market is Africa's top performer since May 2024, driven by strong gains and a stable currency• The rally is concentrated in a few stocks...
Monex Ventures and Uncovered Fund launched a $20 million investment fund for early-stage startups in Africa, the Middle East, and North...
Most Read
01

Botswana signs $12 billion investment agreement with Qatar’s Al Mansour Holdings Deal spans ...

Botswana secures $12bn Qatari support for development projects
02

Zambia and Qatar’s Al Mansour Holdings signed a $19 billion partnership in Lusaka. The...

Zambia signs $1bn deal with Qatar, one of its largest
03

• President Ruto projected 5.6% growth for 2025, higher than the Finance Ministry’s 5.3% and Central...

Kenya: President Ruto Projects 5.6% Economic Growth in 2025, Surpassing Expectations
04

Africa surpasses 70 GW renewables, remains import-dependent. China dominates solar, batteries...

Africa’s Renewable Energy Boom: A Green Revolution Built on Imports
05

The cabinet has approved preparations for a debut USD 1.5B Eurobond before June 2026 to fund key i...

DRC mulls maiden Eurobond as 2025 becomes the busiest year for African sovereign issuance since the pandemic
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.