According to the details of a document drafted by the Presidency of the Government, called”Reform program for a way out of the crisis” and planned for the IMF for a new financing deal that we present the details exclusively, Tunisia’s financing necessities are worth 103 billion dinars ($ 35.9 billion) over the following five years, which transcends the country’s outstanding debts evaluated in the report recently published by the Ministry of Finance to 102.2 billion dinars.
The document which offers itself as an economic plan of the Bouden government for the subsequent five years demonstrates that the financing needs for the next year 2022 are estimated at 23 billion dinars, 21.1 billion dinars in 2023, 20.5 billion dinars in 2024, 19.6 billion dinars in 2025, and about 18.8 billion dinars in 2026.
The Tunisian authorities are attempting, as such, to get loans to manage expenses, pay wages and buy basic products such as energy, cereals and medicines, while the state’s domestic debts are pumping the banking sector capacities.
Unprecedented debts
The figures disclosed by the document add to concerns that new debt records will be registered. Last Friday, the Ministry of Finance indicated that the country’s public debt stood at around 102.2 billion dinars at the ending of October 2021, an upsurge of 12% compared to the same period last year, to represent 81, 5% of GDP.
What's happening in Tunisia?
Subscribe to our Youtube channel for updates.
