in Short

Fuel and electricity : towards an increase in subsidies in Tunisia

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.

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