The government budget project for 2027 includes financing facilities from the Treasury with the Central Bank of Tunisia (BCT), amounting to 9.8 billion dinars. This proposal marks the fourth consecutive year after funding included in the budgets for 2024, 2025 and 2026. The 2027 finance bill is still under examination by the Finance and Budget Committee.
Fourth consecutive year of financing
The facilities granted to the Treasury with the BCT reached 7 billion dinars in 2024 and the same amount in the 2025 finance law. The 2026 finance law, for its part, set a ceiling of 11 billion dinars. For 2027, the amount of 9.8 billion dinars appears in the budget proposal and has therefore not yet been adopted.
The text provides for interest-free facilities, repayable over a period of 15 years, accompanied by a three-year grace period.
In a statement to “Tunisie Numérique”, Dalel Lamouchi, vice-president of the Finance and Budget Commission at the National Council of Regions and Districts, indicated that Tunisia had repaid part of its previous borrowings, while still facing other financial maturities.
She explained that the weakness of resources and the increasing financing needs lead the state to borrow to fund important programs, notably the recruitment of a new cohort of job seekers and the regularization of the status of workers on construction sites.
Lemouchi: 70% of financing allocated to expenditures and salaries
According to Dalel Lamouchi’s estimate, nearly 70% of the financing obtained from the central bank is allocated to expenditures and public salaries. She argues that this orientation does not sufficiently contribute to wealth creation and exacerbates the imbalance between the state’s resources and spending.
The priorities of the 2027 budget
The deputy also mentioned Circular No. 2 from the Presidency of the Government, dated April 14, 2026, which sets the directions for preparing the 2027 budget project. The document calls for reconciling financial commitments with economic and social growth, while strengthening the solidity of public finances and supporting sustainable development. The circular was published on April 15, 2026.
Among the cited priorities are the control of financial balances, the improvement of mobilizing own resources, and greater efficiency of public spending. The tax reform notably provides for broadening the tax base, strengthening compliance with tax obligations, integrating the informal economy, and accelerating the digitization of the tax administration.
Social justice and access to essential services
Dalel Lamouchi presented social justice as a central axis of the project. It involves, according to her, support for low-income groups and easier access to essential services and financing, as well as reform of health and social security systems.
The mentioned priorities also include strengthening food and water security, accelerating the energy transition, continuing the reform of state-owned enterprises and institutions, as well as improving the investment climate and infrastructure.
