34.9 C
Tunisia
Thursday 23 September 2021
HomeNewsTunisia: debt now accounts for 200% of revenues!

Tunisia: debt now accounts for 200% of revenues!

Invited by private radio station Express FM, expert in economics, Mourad Hattab, called for reviewing the country’s economic policy by streamlining public spending and debt.

“The debts of Tunisia, which weigh heavily on the country’s economy, account for 200% of the State revenues,” he said. To deal with this alarming situation, he estimated that the state should move more towards investment projects instead of turning directly to the debt.

He also emphasized that the maintaining of Tunisia’s investment grade by Moody’s helps attract foreign investors and regain the confidence of international financial institutions, which is needed to boost the Tunisian economy.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS