The Assembly of People’s Representatives today approved additional article 23 of the finance bill for 2026, aimed at regularizing the situation of small and medium-sized enterprises (SMEs) with the Financing Bank for Small and Medium Enterprises. The text was adopted by 60 votes in favor, 12 abstentions and 51 against.
This new article introduces an exceptional measure intended for companies facing temporary difficulties or having interrupted their activity, provided that their economic model remains viable.
Companies subject to legal disputes may also benefit, with the exception of those placed under settlement or liquidation procedures.
The planned measures
- Exemption from late payment penalties upon payment of contractual capital and interest;
- Debt restructuring over 10 yearswith maintenance of the initial interest rate and a 3 year grace period ;
- Allocation of public funds to finance restructuring, strengthen capital and improve equity.
Requests for access to this program must be submitted before June 30, 2026, and all administrative procedures must be finalized before December 31, 2026.
This initiative aims to support the recovery of SMEs, a key driver of employment and growth in Tunisia, by offering them a financial support and reorganization framework adapted to the exceptional circumstances they are going through.
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