HomeNewsTunisia: Public debt at around 42% by 2017

Tunisia: Public debt at around 42% by 2017

According to Minister of Finance Ilyes Fakhfakh the level of public debt estimated at 46.8% debt is reasonable for Tunisia, a country still in transition.

“Our debt is reasonable in comparison with other countries like Morocco whose debt amounts to 58% or Jordan with 75%,” he said.

The Minister expects a debt reduction to 42% by 2017.

It is important to remember that public debt amounted to 40% in 2010 and 56% in 2011.

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