Tunisia: Improvement in liquidity of public companies by 32%

By:Mohamed Ben Abderrazek

The liquidity of public establishments improved by 1,039.7 million dinars and by 32% during 2022 opposed to 2021 following mostly the relaxation of containment measures applied during the spread of the COVID pandemic and due to the gradual resumption of activity in most public establishments.

These data are disclosed by the report recently published by the Ministry of Finance on public enterprises, which is part of the application of the provisions of Organic Law No. 15 of February 13, 2019, relating to the preparation of the budget, especially its article 46, which provides the list of annexes to the finance bill.

Increase in bank deposits

Appreciation of distributed results

This development is due to the boost in dividends allocated by the Office of Merchant Marine and Ports of 20 million dinars, the National Oil Distribution Company of 15 million dinars, and the National Agricultural Bank and the Bank of Housing with an estimated value respectively of 7.5 million dinars and 5.5 million dinars.

The Ministry of Finance emphasised that its report on public enterprises seeks to provide an overall vision of the economic and financial situation of these establishments during the period 2020-2022 and of the financial relationship between them and the State.