Features Headlines Tunisia

Tunisia’s Middle Class under Threat

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 […]

Business Features Finance

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 […]

Business Finance

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 […]