Tag: budget

Gabon increases by 3 per cent budget for armed forces

January 9, 2024

The junta-led government in Gabon has increased by three per cent the 2024 budget allotted for armed forces, up from $30 million of last year. ... Read More

Morocco maintains expansionary budget despite pressure on public finances

May 23, 2022

Morocco’s public finances are under unprecedented pressure due to imported inflation and its impact on the cost of state subsidies. But despite the impact of ... Read More

World Bank lends Tunisia $400m for social reforms

February 16, 2022

The World Bank Tuesday announced the intent to provide $400 million to Tunisia in view of backing social reforms. Ferid Belhaj, World Bank Vice President ... Read More

Tunisia adopts 2022 budget with $2.8b deficit

December 28, 2021

Tunisia has adopted the 2022 budget short of around $2.8 billion amid economic hardship that has hit the country also gripped by an unprecedented political ... Read More

Sahara: Guterres Announces Increase of MINURSO’s Budget

March 23, 2019

The UN Secretary-General has announced in a recent report that the budget of the UN mission in the Sahara, MINURSO, will be increased by 7.6 ... Read More

Egypt Adds Multi-billion Dollar “Social Package” to Budget

June 22, 2017

As Egypt’s fiscal year for 2017-2018 will be commencing on July 1, the Finance Ministry has announced that a “social package” aimed at easing the ... Read More

Budget Cuts Threaten Algeria’s Fragile Social Peace

January 29, 2017

Plummeting oil prices and dwindling revenues prompted the Algerian government to adopt austerity measures including tax hikes and subsidies cuts leading to protests, notably in ... Read More

Major tax reform plan begins in Tunisia

May 16, 2013

Tunisian Finance Minister Elyes Fakhfakh, has announced the introduction of its planned reform of the country's tax system which will affect the direct, indirect and ... Read More

EU extends further assistance to Palestinian people, refugees

March 28, 2013

The EU adopted on Wednesday the second part of its 2013 assistance package for Palestine worth €148 million. The funding from the European Neighbourhood and ... Read More

Tunisia: How to overcome the shaky finances?

March 14, 2013

If Egypt has declared that it’s no more interested in International Monetary Fund’s (IMF) loan, Tunisia on the other hand has not ruled out its ... Read More