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Thursday 17 June 2021
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Tunisia: insufficient tax revenue in 2014

Minister of Economy and Finance, Hakim Ben Hammouda called Friday “insufficient”, tax resources mobilized in 2014 for an amount estimated at 19 billion dinars.

He said at a meeting on provisions of the Finance Act for the year 2015 that budget own resources could reach 80% in 2015 and 85% in 2017 against 70% in 2014.

Ben Hammouda told TAP news agency that budget deficit could reach around 4% in 2015 against 4.6% in 2014.

Despite the pressures on public finances recorded since 2011, the reserves of the state treasury reached about 570 million dinars at the end of 2014, he said.

“This performance was achieved despite a deficit of about 1 billion and 200 thousand dinars in 2014 and a resource deficit in the last quarter of 3 billion dinars” he indicated.

The Finance Act for the year 2015 contains new measures relating to direct taxes (Articles 17, 18, 21, 22, 23, 24, 25, 26, 30, 35), fiscal disputes (Articles 31, 32, 33 and 42) and other measures related to registration fees and other taxes (Articles 27, 29, 34, 38 and 45).

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