Tunisia Accelerates Modernization of Public Finance
Tunisia is accelerating the modernization of its public finance sector. Five projects for new accounting standards have received approval from the National Council of Public Accounts Standards. These standards will apply to the state, local authorities, and public enterprises, and are expected to be officially adopted soon by decision of the Minister of Finance.
Approval of New Accounting Standards
The Minister of Finance, Mechkat Slama Khaldi, chaired a meeting of the National Council of Public Accounts Standards at the ministry's headquarters on February 10, 2026. This decision was made during the meeting, which was attended by council members and ministry officials. The meeting is part of the program to reform the public accounting system for the years 2026 and 2027.
Key Elements of the Approved Projects
The approved projects cover essential elements, including:
- Components of the state treasury and cash flows
- An explanatory note on state charges
- Presentation of financial statements for local authorities
- A standard for the tangible assets of public enterprises
Objective of the New Standards
The objective is clear: to make public accounts more accurate and transparent. These standards will help to better present the financial situation of the state and facilitate decision-making. They respond to the needs of users of financial information.
Next Steps
The Minister emphasized the importance of continuing the reform and called for strengthened coordination between the various parties. She also highlighted the need to accelerate the modernization of the public finance information system.
A Significant Step Forward
This step marks significant progress and confirms Tunisia's willingness to modernize its public management. It also brings the country closer to international accounting standards.
