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Egypt: New government says no to taxation

Egypt’s Minister of Finance, Dr. Ahmed Galal, has declared that the government will increase its spending or at least maintain it without increasing taxes or imposing new ones. He claimed the government has “multiple resources” to support its budget. Morsi’s government tried to reduce public spending as requirements for a loan from the International Monetary […]

CAF rejects Algeria’s bad loser act

The African Football Confederation (CAF) rejected the bad loser act of Algeria to withdraw its bid on the eve of a vote on the 2025 host of the African Cup of Nations won by Morocco. CAF refused Algeria’s childish act of withdrawing one day ahead of the vote as the Algerian decision seemed to be […]

Algeria Running out of Cash to Fund Primary Schools- PM says

As state coffers continue to be drained, Algerian Prime Minister Ahmed Ouyahya said the state can no longer sustain the funding of primary schools. “The state of finances in our country does not help us address all requests to improve school conditions in primary schools,” Ouyahya told MPs, adding that local elected members will have […]