Execution of the Tunisian State Budget as of August 2025
The execution of the Tunisian state budget as of August 2025 recorded a positive balance of 871 million dinars, excluding donations and confiscations, compared to a deficit of 718 million dinars during the same period in 2024, according to the report of the Ministry of Finance.
Key Highlights
- This result testifies to the efforts made to strengthen the state's self-financing, improve the mobilization and management of resources, and direct them towards priority expenditures, in accordance with the national strategy for rationalizing public finances.
- Budgetary revenues reached 31.6 billion dinars, an increase of 5.6% compared to the same period in 2024, with a realization rate of 63.2% compared to the forecasts of the 2025 finance law.
- This progress is mainly due to the increase in tax revenues (+6.4%) and non-tax revenues (+12.2%), as well as the collection of estimated donations of 204 million dinars.
Macroeconomic Performance
- The growth rate reached 3.2% in the second quarter of 2025, compared to 1.4% in the same period in 2024, supported by the recovery of the agriculture, services, and manufacturing sectors.
- Inflation fell to 5% in September 2025, compared to 6.2% a year earlier, while the trade deficit stabilized, transfers from Tunisians abroad increased, and foreign exchange reserves remained at a comfortable level.
- These performances contributed to the improvement of Tunisia's sovereign rating and the stability of its financial prospects.
Budget Execution and Financial Stability
- The Ministry of Finance emphasizes that Tunisia has achieved, for the second consecutive year, the avoidance of a revised finance law, thanks to a budget execution in line with the balances set in the initial law.
- This achievement demonstrates the government's commitment to responsible financial management and its ability to maintain fiscal discipline, which is essential for ensuring the country's economic stability and promoting sustainable growth.
