Tunisia: President Saied Floats Tax on Wealthy to Solve Economic Woes

by | Jun 1, 2023 | Economic, Tunisia


On Thursday, 1 June 2023, Tunisian President Kais Saied proposed that increased taxation on rich Tunisians could be a means to avoid reliance upon a previously negotiated $2 billion International Monetary Fund (IMF) loan deal.

President Saied did not provide details about the nature of a plan that would increase taxes on wealthier Tunisians, but referenced an early Islamic figure, Omar Ibn Khattab to support a vision of wealth redistribution.

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