Tunisia’s state-owned electricity and gas company, Steg, is facing a severe financial crisis with outstanding debts reaching 7 billion dinars and 6 billion dinars in unpaid bills. The company, crucial to the nation’s energy security, is struggling with increasing debt and cash flow problems, hindering necessary investments. This situation exemplifies the broader difficulties plaguing Tunisian public enterprises. The financial strain threatens Steg’s ability to fulfill its core functions and maintain reliable energy provision. The company’s precarious position raises concerns about the stability of Tunisia’s energy sector. This debt accumulation highlights systemic issues within the country’s state-owned businesses and their impact on the national economy.