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Tunisia to keep fuel, food subsidies in 2024, raise taxes for banks, others

Tunisia to keep fuel, food subsidies in 2024, raise taxes for banks, others

TUNISIA expects its economy to grow by 2.1% in 2024, up from 0.9% in 2023 and plans almost the same subsidies for fuel, electricity and food while raising taxes for banks, hotels and liquor firms, a bill on its budget showed on Tuesday. The bill included no reference to an agreement with the International Monetary Fund (IMF). Tunisia's President Kais Saied this year rejected what he called IMF 'diktats' saying they could lead to social protests, casting doubt on the IMF deal. Tunisia last year reached a staff-level deal with the IMF for a $1.9 billion loan, but it has…
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