Taxing the rich is the solution to which the Tunisian president seems to turn to bail out the state coffers and avoid recourse to the International Monetary Fund (IMF). A choice that is both risky and difficult to apply. For months, Kaïs Saïed has been multiplying statements criticizing the agreement prepared by his government and the IMF and already taken into account in the 2023 finance law.
On October 15, Tunisia and the IMF announced that they had reached a preliminary agreement for a loan - the fourth since the 2010 revolution - amounting to 1.7 billion euros, conditional, according to the customs of the multilateral institution, on the respect of various reforms. In particular, Tunisia pledged to control the public sector wage bill, which has exploded since the revolution and represents 31% of the budget, as well as to restructure a hundred heavily indebted public enterprises. Finally, it planned to end subsidies on products...
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