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Tag: budget deficit
Saudi Arabia to provide Tunisia $500m as soft loan and grant
Saudi Arabia will give Tunisia $500 million as a soft loan and a grant to help improve its public finances with the national budget suffering ... Read More
Morocco cuts budget deficit to 6% of GDP in 2021
Thanks to an economic recovery and better tax revenue, the Moroccan government reduced its fiscal deficit to 6% of GDP in 2021 from 7% a ... Read More
Tunisia raises 700 million euros on Eurobond market to fund 2019 fiscal budget deficit
Tunisia Wednesday said it succeeded in raising 700 million euros on the financial bond market with an interest rate of 6.37 per cent as it ... Read More
Algeria Resorts to Printing Press to Fix Budget Deficit
The Algerian government has resorted again to the printing press to inject in the market over 4,000 billion dinars, the equivalent of 20% of the ... Read More
Tough Days Ahead for Algeria’s Currency
The health of Algeria’s currency, the dinar, has always been measured against oil prices. The end of the era of expensive oil in late 2014 ... Read More
Algeria to Scrap Gasoline Subsidies in 2019
Battered by the oil price slump, Algeria will abolish gasoline subsidies in 2019 as it continues to implement time-buying measures, including import restrictions and money ... Read More
Tunisia: Government hints implementation of subsidy reduction
Reduction of subsidies for basic materials is underway in Tunisia although the government is being mindful to incite protests. An economic dialogue has been organized ... Read More
Egypt: IMF loan not the answer
According to the analyses of the president of Canada’s International Development Research Centre (IDRC), David Malone, the 4.8 billion International Monetary Fund (IMF) loan is ... Read More