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Keywords: Debt
South Africa is grappling with a substantial budgetary challenge in a climate of slow economic growth, as highlighted by economic experts during a recent conference in Johannesburg focused on commodities. According to analysts, this year's budget has experienced a slight short-term budgetary slip,......
Pedro Sánchez found himself in the middle of a political crossfire during the control session in the Spanish Congress, with both the right-wing PP and the left-wing Podemos targeting him. Alberto Núñez Feijóo, the leader of the PP, criticized the constant internal conflicts......
The Spanish Ministry of Finance and ERC have caused a rift in the Fiscal and Financial Policy Council (CPFF) scheduled for this Wednesday, where the central government and regional governments were set to discuss the details of the proposed regional debt forgiveness. This initiative, designed as a bargaining......
The leader of Esquerra Republicana (ERC), Oriol Junqueras, announced on Monday that his party has reached an agreement with the Spanish government to forgive 22% of Catalonia’s debt from the Autonomous Liquidity Fund (FLA). According to Junqueras, this debt relief amounts to €17.1 billion,......
Morocco is preparing to tap international debt markets with a new euro-denominated bond issuance, its first since 2023, to help finance an ambitious infrastructure development program ahead of co-hosting the 2030 FIFA World Cup. Finance Minister Nadia Fettah Alaoui emphasized the country's current......
U.S. President Donald Trump has suggested using a portion of the savings generated from Elon Musk’s cost-cutting initiative to provide financial relief to Americans and reduce the national debt. Speaking at an investment summit hosted by Saudi Arabia’s sovereign wealth fund in Miami Beach,......
The Moroccan government has made significant strides in its anti-corruption agenda, public debt management, and water resource optimization, according to a recent update from government spokesperson Mustapha Baitas. Speaking at a press briefing following the weekly government council meeting, Baitas......
The National Social Security Fund (CNSS) of Morocco has announced an exceptional measure to open all its branches nationwide during the weekend of January 11-12, as the deadline approaches for its debt recovery initiative. This unprecedented move comes as the January 15 deadline nears for affiliates......
The Moroccan business sector is experiencing significant turbulence as an estimated 40,000 businesses are expected to close their doors by the end of 2024, according to recent reports from the Moroccan Confederation of SMEs (CMTPME). This dramatic increase in business closures highlights the ongoing......
