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State’s own up 17% in 1st eight months of 2019

The State’s own resources grew 17% during the first eight months of 2019 which helped balance public finances and cut budget deficit by 1 percentage point to 3.9%, Finance Minister Ridha Chalghoum said after meeting Thursday with Interim President Mohamed Ennaceur in Carthage.

The debt rate also dropped 2 percentage points (75% against 77% in 2018), he added.

As regards the 2020 draft budget, Chalghoum said, the ministry is committed to reducing the budget deficit, boosting the level of investment, particularly in infrastructure and development, and increasing the budgetary financing rate from the State’s own resources.