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Tunisia Tax Revenues Up by 15 Percent

Tunisia Tax Revenues Up by 15 Percent

Tunisia’s tax revenues in the first quarter of 2017, edged up by 15%, compared with a decline during the same period in 2016, said Finance Minister Lamia Zribi, Albawaba reported. Speaking at a press meeting, the minister affirmed that “the increase recorded end of March is explained by the provision related to the exceptional participation of 7.5% in the enterprises’ profits for 2017 and the regular and exceptional provisions enacted under the Finance Law 2017 and aimed to improve the recovery rate.” During the first quarter of 2017, one-third of development expenses were materialized, Zribi pointed out, recalling that these expenses are mainly focused on infrastructure projects in interior regions and agricultural and health projects.

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