Tunisia: state expenditure rises 22% at end June 2019

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    State expenditures rose by 22%, at the end of June 2019, compared to the same period of 2018, to 21.6 billion dinars, according to the provisional results of the execution of the state budget, at the end of June 2019, published by the Ministry of Finance.

    Nearly half of this budget was intended to finance management expenditure (nearly 11 billion dinars), of which 75% was mobilized to pay employees (nearly 8.3 billion dinars), while the rest was spent on the financing of intervention and transfer operations.

    As for development expenditures, these do not exceed 2.9 billion dinars, which represents 13.4% of all state expenditure in the first half of 2019.

    The document of the Ministry of Finance also shows that a budget of nearly 2.4 billion dinars has been set aside, as part of state spending, to finance loans.

    As for the budget reserved for repayment of the principal of the debt, it amounted to 3.4 billion dinars, against 2.2 billion dinars in June 2018, i.e. up 25%.

    The budget for repayment of interest on the debt exceeded 1.9 billion dinars against 1.6 billion dinars last year (+ 18%).

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