National Budget Project for 2027 Adopted by Ministers

The Council of Ministers has formally adopted the preliminary 2027 Finance Law project, marking a crucial step in the nation's economic planning. This comprehensive financial blueprint sets total expenditures for 2027 at 17,251,607,809,000 dinars, equivalent to approximately 132 billion US dollars at the current official exchange rate. Projected revenues for the same year are estimated at 9,251,140,000,000 dinars, or about 70.5 billion US dollars, with further revenue increases anticipated for 2028 and 2029, reaching 9,473,190,000,000 dinars and 10,010,647,000,000 dinars respectively.

Significant allocations in the 2027 budget include 3,120,000,000,000 dinars for National Defense, 3,610,168,396,000 dinars for Finance, 1,839,859,750,000 dinars for National Education, 1,646,205,765,000 dinars for Interior and Transport, and 1,111,830,000,000 dinars for Health. A notable measure within the project is the proposed exemption from customs duties and Value Added Tax (TVA) for components and raw materials. This exemption applies to items imported or locally acquired by subcontractors engaged in producing components, assemblies, and sub-assemblies for the mechanical, electronic, and electrical industries, aiming to bolster domestic industrial growth.

Among other provisions, the 2027 Finance Law project introduces clarity for taxpayers operating multiple commercial establishments, stipulating that each entity will be considered an autonomous operation, taxed separately, and requiring an individual declaration. The project also proposes a 20 percent tax on the profits of companies involved in manufacturing and importing beer. Additionally, it seeks to enhance support for humanitarian causes by increasing the tax-deductible aid to associations and establishments to one percent of a company's annual turnover, moving beyond the previous 4 million dinar cap. Further strengthening economic governance, the law proposes the establishment of an independent