Tunisia

Tunisia is projecting to lower its fiscal deficit to 5.5% of GDP in 2025, down from 6.3% this year, aided by higher taxes on firms and high-income employees. The government also aims to increase economic growth to 3.2% in 2025, compared with 2.1% expected for 2024. Public debt is expected to decline to 80.5% of GDP in 2025 from 82.2% in 2024. Notably, tax revenues are expected to grow by 7.3% to USD 14.57 bln.