Tag: widening budget deficit
Algeria Finance Headlines

IMF sounds alarm on Algeria’s widening budget deficit

North Africa PostComments Off on IMF sounds alarm on Algeria’s widening budget deficit

While official discourse in Algeria continues to highlight a nominal GDP surge, the International Monetary Fund’s latest assessment paints a more cautious picture of the country’s economic fundamentals amid a widening budget deficit. In its 2026 Article IV Consultation report, the IMF warns that large fiscal deficits have depleted fiscal buffers and external buffers have […]

Business Finance Headlines Tunisia

Tunisia struggles to downsize public wage bill

North Africa PostComments Off on Tunisia struggles to downsize public wage bill

Tunisia counts more than 650,000 civil servants that is 5% of the total population of 12 million people, a number that weighs significantly on the state budget. Tunisia has more public sector employees compared to 568,000 in Morocco which has a population three times bigger. The IMF has urged the Tunisian government to cut the […]