African Essence

Budget Deficit For Tunisia At Record Levels

Last updated on September 11th, 2021 at 08:17 am

The Budget deficit of Tunisia seems to be Skyrocketing, this announcement was made by the prime minister of Tunisia, Hichem Mechichi said something needs to be done quick to prevent this crisis from escalating.

At a public interview in Tunis, the Prime Minister tended to the country, “The monetary circumstance is exceptionally confounded.

We have shut the fiscal summaries as per the draft money law and noticed that the spending deficiency would be around 14%. We will keep on holding gatherings with the Central Bank.

This budget deficit is partially caused by the novel coronavirus, Government authorities in the country, will be seeking solution so as not to lend money from other countries. Though this is going to be difficult, as the nation’s hasn’t been in this kind of situation.

Albert Echetah

Recent Posts

Pastef party led by Ousmane Sonko wins historic election victory

Senegal's ruling Pastef party has won a resounding victory in the legislative elections, taking130 of the 165 seats in parliament,…

November 22, 2024

Famine Risk Reaches Critical Levels as FoodCrisis Deepens In Gaza

Gaza’s hunger crisis is not only statistic, but a set of narratives such as Yasmin Eid, amother of six, who…

November 22, 2024

Kenya Launches Official Probe intoUgandan Leader’s Alleged Kidnapping

The government of Kenya announced that it is looking into the suspected kidnapping ofKizza Besigye, a well-known opposition politician from…

November 22, 2024

At least 7 members of the Nigerian security forces are missing after insurgentsambushed their convoy

A team of 80 security agents tasked with protecting the electricity grid was ambushed onMonday in Shiroro, Niger State, by…

November 21, 2024

Cryptocurrency Gains Momentum inAfrica Amid Global Shifts in Trump’sElection

Cryptocurrency becomes the new thing in Africa. People shift for stable alternatives aftertheir unstable local currencies. Many people believe Donald…

November 21, 2024

UAE Delivers Lifeline: 30,000 Food BasketsBring Hope to Sudanese Refugees in Uganda

UAE has also distributed 30,000 food baskets to Sudanese refugees in Kiryandongo refugeecamp Uganda to benefit nearly 100,000 affected people.Aid…

November 21, 2024

This website uses cookies.