TUNIS (Reuters) – Tunisia’s state budget will rise from 40 billion dinars in 2019 to 47 billion dinars in 2020 ($16.4 billion), TAP state news agency quoted Finance Minister Ridha Chalgoum saying on Monday.

The deficit in 2020 is targeted at 3% of gross domestic product (GDP), compared to the 3.9%-of-GDP deficit that Prime Minister Youssef Chahed has said is expected this year.

Reporting by Tarek Amara, Editing by Angus McDowall and Alison Williams

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