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Keywords: Budget
In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......
The autonomous city of Ceuta faces severe financial instability due to mounting costs associated with caring for unaccompanied migrant minors, according to government spokesperson Alejandro Ramírez. The Mediterranean enclave's administration describes its current financial situation as "practically......
Morocco plans to increase its defense budget to 133 billion Moroccan dirhams ($13 billion) for 2025, marking a significant expansion from previous years as the nation strengthens its military capabilities amid growing regional challenges. The substantial budget increase, revealed in the draft finance......
President Emmanuel Macron has appointed Michel Barnier as France's new Prime Minister, hoping the seasoned conservative can stabilize the nation’s turbulent political landscape. Barnier, a prominent figure in French and European politics, replaces Gabriel Attal, who served as the youngest Prime......
Agadir, a sun-kissed coastal treasure, has been spotlighted by The Telegraph as one of the top 15 winter sun destinations offering exceptional value. This Moroccan city captivates travelers with its mix of accessibility, affordability, and cultural allure. According to the report, Agadir stands out......
Rising Government Spending Overshadows Revenue Gains As of July 2024, Morocco's budget deficit has expanded to MAD 35.2 billion ($3.56 billion), up from MAD 27.7 billion ($2.8 billion) in the same period last year, according to the Treasury General of the Kingdom (TGR). The deficit includes a positive......
Budget Planning Prioritizes Sustaining Project Momentum, Says Minister Fouzi Lekjaa. Morocco’s extensive social protection initiative is expected to require a substantial investment of MAD 29 billion ($3 billion) by 2025, as announced by Fouzi Lekjaa, Minister Delegate for the Budget. In an address......
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......
