Keywords: Budget
Morocco’s government has approved MAD 20 billion in additional budget credits to finance subsidies, support public institutions, address emergency spending, and respond to recent flood damage in northern parts of the country. The measures were presented before the Finance and Economic Development......
The European Union is preparing to release approximately €3.2 billion in financial assistance to Ukraine around mid-June, marking the first disbursement under a larger support package designed to stabilize the country’s public finances amid the ongoing war. European Commissioner for Economy......
Italy has warned that it could withdraw from the European Union’s SAFE unless Brussels grants greater flexibility on budget rules related to energy spending, according to a letter from Prime Minister Giorgia Meloni to European Commission President Ursula von der Leyen. The SAFE instrument is an......
Morocco is preparing an additional MAD 20 billion, or roughly $2 billion, for its 2026 budget as authorities seek to shield the domestic economy from the effects of ongoing instability in the Middle East. The planned spending package aims to maintain stable energy and transport prices while supporting......
The Moroccan government plans to expand its 2026 budget framework by 20 billion dirhams to cushion the domestic economy against external shocks linked to geopolitical tensions in the Middle East. The additional allocation aims to protect household purchasing power while keeping the public deficit close......
Morocco recorded a budget deficit of MAD 15.5 billion by the end of April 2026, widening from MAD 11.8 billion during the same period a year earlier as public spending continued to accelerate despite stronger tax collection. The latest public finance data showed that rising operating and investment expenditures......
The collapse of Spirit Airlines has temporarily pushed airfares higher in certain U.S. markets, giving competing budget airlines more room to increase prices. However, industry analysts say the long-term challenges facing the low-cost airline model remain unresolved. The Florida-based carrier ceased......
The French government has asked the Inspection Générale des Finances to evaluate the economic consequences of extending the current national budget into 2027 if Parliament fails to approve a new finance law on time. According to officials from French Ministry of Economy and Finance, the......
Germany is facing increasing financial pressure after the country’s council of tax experts lowered its forecast for tax revenues between 2026 and 2030. The revised estimates are expected to place additional strain on the federal budget at a time when the government is already dealing with slower......
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