Tunisia: Tax Revenue Will Represent 87% Of State Revenue in 2023

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The 2023 finance law (LF 2023) provides for a deficit of nearly 7.5 billion dinars, given that the state budget expenditure will amount to 54 billion dinars, while revenues will not exceed 46 .4 billion dinars.

According to this text published Friday, December 23, 2022, in the Official Journal of the Tunisian Republic (Jort), tax revenues (40.5 billion DT) will represent more than 87% of all revenues that the State hopes to drain in 2023, while non-tax revenue will not exceed 5.5 billion.

This discrepancy is significant to the severe inconsistencies in the Tunisian state budget, which increases public spending, robs taxpayers, and paralyzes investment, which, one imagines, will not help to relaunch a totally broken economy.

In other words: the country works not to create wealth but to fatten a public administration that lives at the expense of taxpayers and drowns the country in foreign debt and chronic deficits.

The finance law also provides that cash resources will amount to nearly 23.5 billion dinars in 2023, which will be mobilized thanks to external and internal borrowing resources estimated respectively at 14.8 and 9.5 billion.

These resources will make it possible to finance the budget deficit (7.5 billion) and repay the principal of the debt (approximately 15.8 billion).