Tunisia has adopted the 2022 budget short of around $2.8 billion amid economic hardship that has hit the country also gripped by an unprecedented political crisis, triggered since July 25 after President Kais Saied has seized all major powers. The Tunisian government, Webdo Tunis reports, will present this Tuesday the draft of the financial act during a press conference. A leaked document of the draft puts the national budget for next year at TD47.166 billion (around $16.4 billion) including $2.8-billion deficit. The government has turned to some countries, namely Saudi Arabia, Libya and Algeria to get loans. Tunisia is also in talks with the International Monetary Fund, IMF, for a financial facility.

Source: The North Africa Journal December 28, 2021 10:40 UTC