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Keywords: Financial aid


Morocco's substantial investment in butane gas subsidies

The Moroccan government grapples with the significant financial burden of subsidizing butane gas, as highlighted by Fouzi Lekjaa, the Minister Delegate in charge of the Budget. Annually, the country allocates over MAD 15 billion to support this essential household fuel, with the average subsidy for each......

Catalonia to Mobilize €1.5 Billion to Counteract Trump’s Tariffs

The Catalan government is set to allocate €1.5 billion to mitigate the effects of tariffs imposed by U.S. President Donald Trump. This package, confirmed by the government and reported by Catalunya Radio, includes grants, loans, investments, advisory services, and various other measures. The initiative......

Morocco's Housing Support Initiative Reaches Over 33,000 Families with Direct Financial Aid

Morocco's national housing support program has provided financial assistance to 33,565 families seeking homeownership, according to recent government data shared by Minister of Economy and Finance Nadia Fettah in parliament. The "Direct Aid to Housing" initiative has shown significant......

Russia-Ukraine War Key Developments on Day 1,030

The conflict between Russia and Ukraine continues to unfold, with significant developments in both military actions and political dynamics. Day 1,030 of the war was marked by intense fighting, diplomatic maneuvers, and cyber warfare. Military Escalation and Civilian Impact In Kyiv, a Russian missile......

European Union Commits €1 Billion to Support Syrian Refugees in Turkey

In a strategic move to address the ongoing humanitarian crisis, the European Union has allocated €1 billion in aid for Syrian refugees residing in Turkey. European Commission President Ursula von der Leyen visited Ankara on Tuesday to meet with Turkish President Recep Tayyip Erdoğan, focusing on......

Morocco Expands Disability Support Programs with $36.6 Million Investment

Morocco is intensifying efforts to support its disabled community, with the Ministry of Solidarity allocating MAD 396 million ($36.6 million) for initiatives in 2024 aimed at children and individuals with disabilities. This commitment reflects the country’s broader strategy to enhance social inclusion......

Comprehensive Emergency Response Plan Unveiled for Valencia's Recovery

In the wake of the devastating DANA disaster, the Spanish government has launched an ambitious emergency response plan amounting to €10.6 billion, aimed at providing immediate relief to affected citizens, businesses, and local institutions. President Pedro Sánchez emphasized the urgency of......

Morocco Transitions from 'Million Schoolbags' to Direct Financial Aid for Families

In a significant policy shift, the Moroccan government has decided to replace the longstanding "Million Schoolbags" program with a new initiative that provides direct financial support to families. This change, set to begin in September 2024, aims to offer more flexible assistance to families......

Spain's Generous Embrace: Unveiling the Global Reach of Its Foreign Subsidies

In an unprecedented display of global outreach, the Spanish government has emerged as a beacon of financial support, channeling nearly €300 million annually into the coffers of foreign organizations and entities across the world. This monumental initiative, orchestrated by the Spanish Ministry of......

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