Tunisia: Finance Law 2022 – Creation of a PPP Fund and New Lines of Financing
Tunis / Tunisia – The President of the Republic Kais Saied denied, during a council of ministers held on Wednesday at the Carthage palace, the information circulating on certain social networks concerning the 2022 finance bill.
He affirmed during this Council of Ministers held in the presence of Prime Minister Najla Boudin, Minister of Finance Sihem Namsia and Minister of Economy and Planning Samir Saied, that this bill is drawn up within the framework of the will of the State to send positive messages to the various economic actors of the country. , its partners and foreign donors, while ensuring the balance of public finances in 2022, to promote an economic recovery in the medium term.
The reforms planned under the 2022 finance law will make it possible to achieve overall and sustainable economic growth, improve the business climate and restore confidence with Tunisia’s partners, as well as preserve the social role of the State and to institute a fair and reduced tax regime for both individuals and companies, specifies a press release from the Presidency of the Republic.
It is also about improving public sector governance and strengthening measures to combat the repercussions of the health crisis.
The finance bill for the year 2022 includes several economic measures intended to support businesses, encourage private initiative and job creation, mobilize savings to stimulate investment, as well as improve the business climate. business and encourage the social and solidarity economy.
It also provides for measures to fight against tax evasion and smuggling and to promote the integration of the black economy and the generalization of digitization, with the creation of a public-private partnership fund, the strengthening of funds own businesses and the facilitation of their access to finance, and the acceleration of the creation of remote businesses, as well as the doubling of funds allocated to individual projects created by young people.
The finance bill for the year 2022 also includes other measures in favor of the green economy, sustainable development and energy transition.
According to the same source, this involves in particular encouraging the use of alternative energies, preserving the environment and financing waste control, sorting and recovery activities.
Regarding the social aspect, the bill provides, according to the same source, for an increase in the allowance intended for poor families, the granting of a monthly allowance to children of families with limited or medium incomes under 6 years old, the maintenance of social transfers, and the scholarship for high school graduates from low or middle income families.
In addition, the tax burden on kindergartens involved in programs for children from needy and low-income families should be reduced.
The draft budget for the year 2022 includes provisions to deal with the repercussions of the health crisis, in particular the creation of a financing line for small and medium-sized enterprises affected by the Coronavirus pandemic, support for tourist establishments and crafts, and accompanying measures agents of the tourism and craft sector and tourist guides.
The finance bill aims to support the rehabilitation and maintenance of schools, to improve the conditions of school accommodation in the interior regions, to boost the activities of the steering committees of the social housing program, and to create a financing line for the social economy. establishments.
It also aims to create a special Treasury account dedicated to the diversification of funding sources for social funds, the financing of small projects for the benefit of vulnerable and disabled categories and the promotion of the control of purchasing power by the control of selling price of agricultural inputs and fodder. , as well as maintaining the selling prices of subsidized products at the same level.