VOL. XXXII

NO. 15

16-JANUARY-1989

Financial and Banking News

BUDGETS ND REVENUES

Tunisia Budgets Higher Revenue and Spending

The Tunisian budget for 1989 incorporates a 12.5% increase in resources(including borrowing) to TD3,330mn ($3.8bn), a 10.5% increase in capitalspending to TDl,235mn, and a 13.7% increase in current spending to TD2,095mn.Loans are to increase by 10.6% to TD700mn, of which TD360mn is to be raiseddomestically. According to the budget forecasts for 1989, external debt as ashare...