PUBLICITÉ

Tunisia’s President: tax the wealthiest to avoid IMF

Tunisia’s President: tax the wealthiest to avoid IMF

International Agencies -Samedi 3 Juin 2023 - 16:52

Tunisia’s President Kais Saied has proposed taxing the country’s wealthiest citizens to avoid the “foreign diktats” of the International Monetary Fund (IMF).

Despite reaching an agreement in principle last October on a bailout package worth nearly $2bn, talks with the IMF have stalled for months over demands to restructure public bodies and lift subsidies on basic goods.

During a meeting with the Head of Government Najla Bouden on Thursday, Saied floated the idea of “taking surplus money from the rich to give to the poor”, citing a quote attributed to Omar Ibn Al-Khattab, Islam’s second caliph.

“Instead of lifting subsidies in the name of rationalization, it would be possible to introduce additional taxes on those who benefit from them without needing them,” Saied said, adding that he believed such a mechanism would mean the country would not have to bow down to foreign lenders.

 



Articles Similaires

Today's Weather
English News
Mardi 17 Septembre 2024 - 09:58

Today's Weather

Tunisian FM met with the Ambassadors of Iran, Romania and Austria
English News
Lundi 16 Septembre 2024 - 22:22

Tunisian FM met with the Ambassadors of Iran, Romania and Austria

Fitch Ratings Upgrades Tunisia's Credit Rating to CCC+
English News
Lundi 16 Septembre 2024 - 21:56

Fitch Ratings Upgrades Tunisia's Credit Rating to CCC+

Civil Protection: 269 Injuries Reported in the Past 24 Hours
English News
Lundi 16 Septembre 2024 - 19:31

Civil Protection: 269 Injuries Reported in the Past 24 Hours

Today's Weather
English News
Lundi 16 Septembre 2024 - 10:24

Today's Weather