Tunisia’s 2027 Budget Bill: Key Measures to Boost Exports and Support the Olive Oil Sector
The development of exports is a central focus of Tunisia’s draft 2027 Finance Law (PLF). The legislative text outlines several measures designed to support Tunisian companies in their international operations, with a particular emphasis on African markets.
State Support for African Export Insurance
Article 42 stipulates that the State will cover 50% of insurance premiums associated with export contracts targeting African markets within the Common Market for Eastern and Southern Africa (COMESA) and the African Continental Free Trade Area (AfCFTA).
- Funding Source: This subsidy will be financed by the Export Risk Guarantee Fund.
- Duration: The measure is set to apply for an initial period of 12 months, with the possibility of a 12-month extension granted by the Minister of Finance.
Special Treasury Account for the Olive Oil Industry
The draft law also dedicates specific provisions to the olive oil sector. Article 38 provides for the creation of a special Treasury account titled the “Olive Oil System Account.”
This account will be funded, among other sources, by 10% of the revenue generated from levies applied to the export of certain unconditioned olive oils and derived oils.
Customs Simplifications for Formal Infractions
On the customs front, Article 65 introduces a relaxation of penalties for certain formal infractions related to import or export operations conducted without prior declaration.
- Scope: This measure applies to infractions identified during ex-post controls.
- Conditions: The exemption is contingent upon the infraction not resulting in a loss of duties or taxes for the State and not violating any applicable prohibition measures.
International Freight License Fees
Finally, Article 62 addresses the fees associated with international freight transport licenses.
Note: These provisions are part of the draft 2027 Finance Law and remain subject to the formal adoption of the text by the legislative body.
