The Madouri government seems to favor the requirements of social transfers over those of economic recovery through private initiative and investment, and this is within the framework of a state conception of the economy. This is, in any case, what emerges from the orientations of the finance law for 2025.
Strengthening the foundations of the social state, while continuing to restore financial balances, stimulating investments, stabilizing the recovery, and achieving economic take-off. These are the objectives allocated by the Tunisian government to the draft finance law for 2025.
This project was at the center of a council of ministers meeting on Saturday, September 28, 2024, at the Government Palace in the Kasbah, under the chairmanship of Prime Minister Kamel Madouri, who stressed the importance of this project as an embodiment of the vision and decisions of the State.
The finance law must be based on the assessment of the achievements made, the accumulation of positive results, and the anticipation of developments according to a vision that reconciles the requirements of efficient and optimal use of resources and state programs, Madouri stressed, calling on his office to continue working to counteract the economic, social and climatic impacts, improve the sustainability of public finances and create the conditions and means necessary for the success of the structural transformation of the national economy.
The Prime Minister also stressed that the improvement of economic and financial indicators, which have remained weak and mixed since 2011, must be accompanied by measures aimed at consolidating tax justice, controlling inflation, increasing purchasing power, developing the social protection system, and meeting the expectations and aspirations of the Tunisian population, objectives that are sometimes at odds with each other, but which will have to be found to achieve in a coordinated manner.
The Minister of Finance, Sihem Nemsia, reviewed the main general guidelines adopted as part of the development of the financial balances of the draft finance law for 2025. These include eliminating forms of precarious employment, increasing allocations for social transfers, maintaining the subsidy system, respecting national options in terms of resource mobilization, and encouraging entrepreneurship.
With objectives presented in this order, it is clear that through such a government finance law, the Madouri intends to prioritize the requirements of social transfers over those of economic recovery through private initiative and investment, and this is within the framework of a state conception of the economy. That is, less liberalism and more welfare state. Which requires the mobilization of both significant funds, partly through debt, internal and external.
