Tunisia 2026 fiscal and market developments

In late July 2026, Tunisia’s parliament began drafting a complementary finance law to offset the fiscal strain caused by a sharp rise in international oil prices, which pushed the benchmark price from $63 to over $100 per barrel. The draft, announced by Finance Committee chair Maher El Kattari, warned that each $50 increase adds roughly 500 million dinars to monthly spending and is slated for presentation to the Assembly in October alongside the 2027 budget review.

A week later, the Tunis Stock Exchange reported that listed companies posted a 4.2 % increase in total revenue for the first half of 2026, reaching 12.7 billion dinars. Growth was led by the financial sector, with banks and insurers posting double‑digit gains, while mining and energy output also rose sharply. Despite sectoral declines in automotive and some manufacturing, the overall market performance suggested resilience amid the government’s fiscal tightening efforts.

Together, the snapshots illustrate a dual narrative: the state is preparing legislative measures to manage heightened oil‑related expenditures, while the private sector shows modest revenue growth, driven largely by finance, mining and energy activities.