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Keywords: Spending


Israeli minister's luxury Marrakech trip sparks controversy amid Gaza tensions

Israeli media have sharply criticized Transportation Minister Miri Regev's upcoming costly visit to Morocco, where she plans to attend a road safety conference in Marrakech. The controversy centers around the minister's accommodation expenses at the Four Seasons hotel, with suite prices ranging......

Argentina Plans to Leave WHO Following US Decision

Argentina has announced its withdrawal from the World Health Organization (WHO), mirroring a similar move by the United States last month. President Javier Milei’s office confirmed the decision, citing fundamental disagreements over health policies, particularly in response to the COVID-19 pandemic. Spokesman......

U.S. economic growth slows but consumer spending remains strong

The U.S. economy experienced a slowdown in growth during the fourth quarter, though strong domestic demand is expected to keep the Federal Reserve cautious in its approach to interest rate cuts. According to the Commerce Department’s Bureau of Economic Analysis, the gross domestic product (GDP)......

Canada on track to meet NATO defense spending target within two years

Canada is set to achieve NATO's defense spending target within the next two years, as confirmed by the Canadian Minister of Defense, Bill Blair. Member states of NATO have pledged to allocate a minimum of 2% of their annual Gross Domestic Product (GDP) to defense expenditures. However, Canada has......

Morocco’s economic growth to reach 4.2% in 2025, driven by domestic demand

Morocco’s economic outlook remains positive, with domestic demand expected to fuel a 4.2% growth in 2025, according to the latest projections from the High Commission for Planning (HCP). This follows an estimated 4.9% growth in 2024, highlighting the central role of domestic demand in sustaining......

Morocco's Economic Pulse: Domestic Demand Drives Growth Amid Infrastructure Push

Morocco's domestic demand demonstrated remarkable strength in the fourth quarter of 2024, posting a 5.4% increase and emerging as a key driver of the nation's economic expansion, according to Morocco's High Commission for Planning (HCP). This robust domestic performance contributed significantly......

Morocco's International Travel Spending Soars to $2.6 Billion, Defying Local Survey Predictions

Moroccan citizens' expenditure on international travel reached a remarkable 26.7 billion Moroccan dirhams ($2.6 billion) by November 2024, according to recent data released by the Exchange Office. This represents a substantial increase of 4.5 billion MAD ($447,359) compared to the previous year's......

Moroccan International Travel Spending Soars to MAD 26.7 Billion in 2024

Moroccan citizens have demonstrated a remarkable surge in international travel expenditure, reaching MAD 26.7 billion (USD 2.6 billion) by November 2024, surpassing the entire previous year's spending. This significant financial milestone, reported by SNRT News, represents a substantial increase......

Record Military Budget Approval by Putin A Heavy Toll on Russia's Economy Amid the War in Ukraine

Russian President Vladimir Putin has approved an unprecedented defense budget for 2025, allocating approximately $126 billion, or 13.5 trillion rubles, to the national defense sector. This amount constitutes 32.5% of the total government spending, marking a significant rise from the previous year’s......

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