Article 12 of the draft Finance Law for the year 2027 provides for authorizing the Central Bank of Tunisia (BCT), by way of derogation from the provisions of Article 25 of Law No. 2016-35 of 25 April 2016 establishing the Central Bank’s status, to grant financing facilities to the benefit of the Tunisian Public Treasury, up to a maximum amount of 9.8 billion dinars.
These facilities would be extended without interest and repayable over a period of 15 years, including a three-year grace period.
An agreement would be concluded between the minister responsible for Finance and the Governor of the Central Bank of Tunisia in order to set, in particular, the modalities of disbursement and repayment of the facilities granted.
Moreover, the Finance Law project provides for domestic borrowing of 19.845 billion dinars, compared to 6.877 billion dinars for external borrowing.
With regard to debt repayment, the text provides a package of 6.823 billion dinars for the repayment of the principal of domestic debt, as well as 6.484 billion dinars for the principal of external debt.
These resources are intended to finance the balance of the State budget and to cover the Treasury’s charges, according to the following distribution :
| Designation | Amount (in dinars) |
|---|---|
| Resources from external borrowings | 6,877,000,000 |
| Resources from domestic borrowings | 19,845,000,000 |
| Treasury resources | 1,400,000,000 |
| Total sources of financing | 28,122,000,000 |
| Financing of the budget deficit, taking into account external grants, earmarked revenues and seizures | 14,615,000,000 |
| Repayment of the principal of domestic debt | 6,823,000,000 |
| Repayment of the principal of external debt | 6,484,000,000 |
| Net loans and advances of the Treasury | 200,000,000 |
| Total uses | 28,122,000,000 |
