HomeNewsTunisia: STEG’s customer debt rises to TND 3,199 million

Tunisia: STEG’s customer debt rises to TND 3,199 million

Customer debts of the Tunisian Electricity and Gas Company (STEG) stood at TND 3,199 million, until end of April 2023, compared to TND 2,937 million at the end of 2022.

These accumulated debts represent about 44% of STEG’s turnover of TND 7,275 million, said Mounir Gharbi, director of cooperation and communication at STEG told TAP news agency.

These debts increased by 9% (+ TND 262 million) between the end of December 2022 and the end of April 2023, he added.

The total of these debts is divided into 56% for private sector customers, i.e. households, small businesses and industry, for a value of TND 1,800 million.

In this regard, he noted that household debt has increased from TND 1,325 million to TND 1,417 million, an increase of TND 92 million and 7% in just four months.

This is a major part of the public sector debt. In fact, the public sector (ministries, state enterprises, administrations, local authorities and municipalities) accounts for about 44% of the total debt, or TND 1,397 million.

The official stated that the outstanding debt of national companies amounts to TND 707 million, that of ministries and related departments to TND 499 million, and that of local authorities to TND 192 million.

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