Tunisia will increase the portfolio dedicated to fuel and electricity subsidies for 2024. The budget provides for investments of 7.08 billion dinars (around $2.23 billion) at the rate of 4.01 billion dinars (approximately $1.2 billion) allocated to the Tunisian Electricity and Gas Company (STEG ), with the remainder going to the Tunisian Society of Refining Industries (STIR).
In 2023, energy expenditure covered 5.3% of GDP in 2022 for 4.4% of GDP in 2023.
Source: Africa News Agency