In order to deal with the envisaged decline in state revenues, Tunisia is planning to introduce tax hikes and subsidy cuts in the budget for 2014. Not surprisingly, this unpopular call has already triggered a wave of controversy, while economists agree that all in all the entire draft of the 2014 budget is inevitably facing […]
Tag: Elyes Fakhfakh
Tunisia introduces austerity measures
The government has revealed that it will introduce austerity measures to curb its budget deficit. Finance Minister Elyes Fakhfakh’s announcement could further stir up the heightened political crisis to new levels. The decision will imply the reduction of public expenditure and the freezing of public salaries. The move is not expected to be welcomed by […]
Major tax reform plan begins in Tunisia
Tunisian Finance Minister Elyes Fakhfakh, has announced the introduction of its planned reform of the country’s tax system which will affect the direct, indirect and local taxations. Task groups have been set up by the ministry to propose ideas about how to revolutionize the tax system, modernize and adapt it to the country’s realities. Tunisia […]


