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HomeNewsTunisia: budget deficit improves by 1.4 billion dinars at end-September

Tunisia: budget deficit improves by 1.4 billion dinars at end-September

The examination of the provisional results of the execution of the state budget, at the end of September 2018, shows a budget deficit of 3.2 billion dinars against a deficit of 4.6 billion during the same period in 2017, i.e. a net improvement of 1.4 billion dinars or 31%.

This improvement comes from the acceleration of the State’s own revenue at a higher rate than expenditure.

In fact, own resources increased by 19.2% or 3.22 billion dinars to 20 billion dinars in the first nine months of the year.

This growth is explained, on the one hand, by the growth of tax revenues by 15.6% to 18 billion dinars and non-fiscal revenues by 68% to 1.96 billion dinars, on the other hand.

However, borrowing resources and cash decreased by 24.7% at the end of September to 6.37 billion dinars against 8.47 billion a year earlier.

Expenditure rose by only 4.5%, from 25.25 billion dinars at the end of September 2017 to 26.4 billion at the end of last September, including 23.2 billion in expenditures excluding principal debt.

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