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December 11, 2018

TUNIS, Dec 10 (Reuters) - Tunisia's parliament on Monday approved a 2019 budget imposing no new taxes on individualsandeasing the burden on some sectors after years of tax hikes that have stoked public anger and at times violent protests.

The budget, adopted by 113 votes out of 217,projected a fall in the deficit falling to 3.9 percent of gross domestic product in 2019, from about 5 percent expected this year.



Tunisia to Expand E-payment Transactions to Limit Parallel Economy
December 11, 2018

Tunisian government bodies, supervising local fiscal policy, as well as the Central Bank, are seeking to push forward e-finance transactions to limit unaccounted operations known as the parallel economy.

Head of the Observation of Financial Inclusion Thaker Hallab said that the country endorses an approach towards generalizing e-payment in all fiscal transactions.

Economist and financial"...

Parliament passes Finance Bill 2019 in its entirety
December 11, 2018

(TAP) – The House of People’s Representatives (HPR), on Monday evening, passed the Finance bill 2019 in its entirety after the review and adoption of additional articles.

The draft finance law for 2019, the review of the additional articles of which sparked a heated debate among the different blocs, was passed with 113"...

First phase of master plan for irrigated perimetres in lower Medjerda Valley to begin in 2019
December 11, 2018

(TAP) -The first phase of the master plan for irrigated perimetres in the lower Medjerda Valley, which covers 16 thousand hectares, will start in 2019, with investments of around 516 million dinars, according to data from the Ministry of Agriculture, Water Resources and Fisheries posted on its website.

These data discussed at a working"...

December 11, 2018

(TAP) – The German Development Bank (KfW), recently granted a subsidised loan of 11.5 million euros (38.43 MD) to the Tunisian Electricity and Gas Company (STEG) to fund the extension of the first photovoltaic power station in Tozeur, whose entry into operation is planned for the beginning of the year 2020.

This funding will cover the cost of an additional 10 megawatt photovoltaic capacity and the acquisition of a battery storage system.


December 11, 2018

(TAP) – Tunisia started Monday, in Brussels (Belgium), the third round of negotiations with the European Union (EU) on the draft agreement of the Deep and Comprehensive Free Trade Areas (DCFTA), with the hope of lead to exceptional measures by the Europeans in favour of strategic sectors.

Chief negotiator of the DCFTA and Minister of Transport Hichem Ben Ahmed pointed out, at the opening of the negotiations (December 10-14 2018), marked by the"...

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