Tunisia: Public enterprises suffer 1 bln euros in losses

Finance Ministry report paints alarming picture

02 May, 12:00

(ANSAmed) - TUNIS, MAY 2 - The winds of economic crisis are hitting Tunisian state-owned enterprises as well, which continue to rack up heavy losses. This was seen in the data provided by Tunisian Finance Minister Houcine Dimassi, who said that at the end of 2010 (the most recent figures currently available), public enterprises had accumulated losses of over two billion dinars (about a billion euros). The communication was made during the question time held in the Constituent Assembly. The public sector which had seen the largest losses was connected with regional public transport services. Heavy losses were also felt by the Al Fouledh company (specialised in the metallurgical industries) and the structures involved in cereal trade and production. (ANSAmed).

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