The Tunisian parliament recently approved the 2002 general budget, following three-week long discussions. The new budget is set at 11.5 billion Tunisian Dinars ($7.8 billion) compared with TD 11 billion for 2000, a 6.6 percent increase, reported Al-Watan.
Two thirds of the new budget’s resources will be generated through independent revenues, mainly through taxes, while local and external borrowing will generate the rest. The newly approved budget aims to create 72,000 jobs and targets a 4.9 percent GDP growth rate. The new budget deficit is equivalent to 2.2 percent of the local GDP. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
