October 16, 2017 / 2:43 PM / in a month

Tunisia will raise taxes on some luxury items, sell bonds

TUNIS (Reuters) - Tunisia will raise some taxes and freeze public sector recruitment to try to reduce the budget deficit to 4.9 percent, an economic adviser to Prime Minister Youssef Chahed told Reuters on Monday.

Tunisia's Prime Minister Youssef Chahed speaks during a news conference with his French counterpart Manuel Valls in Tunis, Tunisia November 28, 2016. REUTERS/Zoubeir Souissi

Tunisia will need about 7.4 billion Tunisian dinars ($3.00 billion) from foreign loans including 1.4 billion dinar from the sale of bonds, Ridha Saidi said.

($1 = 2.4653 Tunisian dinars)

Reporting by Tarek Amara; Editing by Alison Williams

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