Keywords: Budget
Morocco is dedicating an impressive annual investment of MAD 18 billion ($1.8 billion) to upgrade its road infrastructure, according to Minister of Equipment, Nizar Baraka. The minister shared this information during a national symposium on road safety held in Rabat on Wednesday. Baraka emphasized that......
Germany is set to significantly reduce its military aid to Ukraine next year, from approximately €8 billion to around €4 billion, as outlined in a draft budget approved by the government. This decision marks a substantial decrease in support for Ukraine, a nation embroiled in conflict following......
In a significant move aimed at addressing the complex challenges surrounding immigration, President Joe Biden announced a series of measures on Tuesday that could pave the way for hundreds of thousands of immigrants to gain legal status, just months ahead of the upcoming presidential elections. Under......
In a poignant message to the Muslim community, Canadian Prime Minister Justin Trudeau has acknowledged the unusual nature of this year's Eid Al Adha celebrations due to the ongoing humanitarian crisis in Gaza. As the Israeli Occupation Forces (IOF) continue their assaults, the traditional festivities......
In a concerted effort to harmonize immigration policies across the continent, the 27 member countries of the European Union are preparing to implement an ambitious pact on migration and asylum. This extensive reform, adopted in mid-May, aims to strengthen immigration control within the European bloc......
Parliamentary Budget Officer (PBO) Yves Giroux emphasized in a new report that Canada needs to build 1.3 million additional homes by 2030 to meet growing demand. The report highlights that the country needs to build 181,000 more homes per year than it currently does to bring the vacancy rate back to......
Morocco's central bank, Bank Al-Maghrib (BAM), envisions a promising trajectory for the country's inflation rate, forecasting a decline from 6.6% in 2022 to an average of 6.1% in 2023. Looking further ahead, the rate is anticipated to decrease even more, reaching 2.4% in both 2024 and 2025, according......
In a meeting that extended for more than seven hours between the most representative unions and the Minister of Budget, Fouzi Lekjaâ, no agreement was reached. The heated session, marked by difficult exchanges, concluded without consensus due to persistent differences regarding the proposed salary......
On Wednesday, Morocco's Lower House took a pivotal step in the approval process for the 2024 Finance Bill, amidst heated discussions on proposed tax reforms. In a narrow decision, lawmakers pushed the budgetary legislation forward in a second reading, garnering support from 87 members of parliament,......
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