As many as 18 million Ghanaians are expected to cast their vote on 7 December to elect the country’s new president with concerns about inflation, unemployment and debt high on their priority list. Despite a tight race for the presidency, which will be contested between vice president Mahamudu Bawumia and former president John Mahama, analysts […]
Algeria’s living-dead President Abdelaziz Bouteflika gave an address on the occasion of his country’s Independence Day asking citizens to prepare for tough times ahead as state coffers dwindle. Bouteflika urged the Algerian people to prepare for the pinch of economic reality as the state will cut vital subsidies and increase taxes. The speech clearly revealed […]
Algeria’s appropriation bill for 2024 continues on track of prioritizing social peace at the expense of sustainability of public finances, auguring ill for the medium- and long-term macroeconomic balances of the country. The Algerian state will spend 38 billion dollars on its inflated public sector payroll, which takes the largest chunk of budget distribution. Civil […]
