Tunisia-Ridha Chkondali: 2023 finance law does not include any economic objective [video]

Tunisia plans to accomplish a growth rate of 1.8% in 2023, according to the report on the state budget for the financial year 2023 issued Friday, December 23, 2022, on the website of the Ministry of Economy and Planning.

Responding to this announcement, the expert in economics, Ridha Chkondali told  Tunisie Numérique that the finance law for the year 2023 is a “recovery law” and not a law of finances because it includes “no economic objective”.

Chkondali stated that the proof is obviously the growth in the budget size of almost 10 billion dinars, consequently resulting in a decline in the growth rate.

And to recall that the economic growth of the year 2022 was at a rate of 2.2%, according to assessments by the International Monetary Fund and the Ministry of the Economy.

Indeed, the expert stated that the Tunisian government has increased this rate by 0.2% because estimates by the International Monetary Fund are not 1.8%, but 1.6%, which is weak among Arab nations.

He added that the growth rate in Saudi Arabia is 3.7 %, in Iraq at 4 %, in Morocco at 3.1 %, and in Egypt at 4.4 %, which means that spending reached 10 billion dinars, and this happens for the first time in history of public finances, according to him.