Tunisia to raise taxes on high-income employees and firms in 2025

Author Logo | Wed, 16 Oct 2024 09:30:22 GMT

TUNIS, Oct 16 (Reuters) – Tunisia will raise taxes on high-income employees and companies, while it will nearly double domestic debts in 2025, amid its continued inability to obtain sufficient external financing.

The 2025 budget bill seen by Reuters showed that domestic loans will rise from $3.57 billion last year to $7.08 billion, while external loans will fall from $5.32 billion to $1.98 billion over the same period.

($1 = 3.0800 Tunisian dinars) (Reporting by Tarek Amara; Editing by Andrew Cawthorne)

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