The Tunisian parliament approved a French loan worth EUR100 million allocated for governance in government institutions. Opposition parties' representatives accused the government of sinking the country in debts and seeking to get rid of the private sector.
In return, the government attributed these procedures to the rise of debts, weak economic revenues, and the difficulty of restructuring them. Government economic institutions provide around 190,000 jobs and represent around 4.7 percent of the labor force in Tunisia.
Since 2017, the government has announced a new plan to develop private sector institutions – the plan is based on four basic axes and focuses on general and interior governance, good behavior in human resources, social dialogue in institutions, in addition to the importance of re-balance in general budgets.
The number of government institutions concerned in this plan is 202 – activities of these companies cover 21 economic sectors such as Transportation, industry, energy, water, agriculture, and services state.
The Tunisian government provided this data following the signature of a deal with the French Development Agency, worth EUR100 million to be paid on two tranches for the financial restructuring of general institutions and limiting their deficit as well as pushing them into stability in their annual financial budgets.
In this context, Tunisian Economic and Financial Expert Saad Boumakhla affirmed the difficulty of relieving the government institutions contributing in local output from their financial challenges.
Boumakhla added that the this doesn’t seem impossible but it demands a strict restructuring to overcome the financial deficit in these institutions. He noted that a number of government institutions were drowned since decades with thousands of employees who receive their salaries without anything in return.
