Follow-Aware
Tunisia raised fuel prices for the second time in a month, as part of its efforts to curb the budget deficit, as part of a series of reforms wanted by international lenders..
The Ministry of Energy said in a statement that the price of a liter of gasoline will rise on Thursday from 1,955 dinars to 1,995 dinars..
Last month, the International Monetary Fund urged Tunisia to reduce its wage bill and reduce energy subsidies in order to reduce the fiscal deficit, while putting more pressure on the government in light of a severe financial and political crisis..
The Fund warned that the fiscal deficit would reach nine percent of GDP in 2021 if Tunisia did not implement reforms..
The fiscal deficit reached 11.5 percent last year as the country was affected by the Corona pandemic.
Source: Reuters“