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Wednesday 23 June 2021
HomeNewsTunisia: Court of Auditors voices concern about "unprecedented debt"

Tunisia: Court of Auditors voices concern about “unprecedented debt”

Tunisia’s indebtedness has taken an unprecedented scale, from 45.8% in 2013 to 49.2% in 2014 and 52.9% in 2015. This situation requires urgent adjustment, according to the report the court of Auditors on the closing of the state budget for 2013 and the first results of the last two years.
 
Speaking at a press conference on Tuesday in Tunis to present the report, First President of the Court of Auditors, Abdellatif Kharrat said the fiscal deficit remained high, as it was 6.8% in 2013 and reached 4.9% in 2014 and 2015, this rate is largely above international standards.
He considered that the public finance indicators have not recorded an improvement.
 
According to the report of the Court of Auditors on the closing of the state budget for 2013, there is an urgent need to intensify efforts to mobilize more resources, to rationalize expenditure, to carry out projects on time and with the required standards and improve the quality of services.

 

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