Keywords: Budget
Russia’s oil and gas tax revenues fell in January to their lowest monthly level since the COVID-19 pandemic, highlighting the mounting strain Western sanctions are placing on the Kremlin’s ability to finance its war effort. State income from the energy sector dropped to 393 billion rubles,......
Morocco is positioning health and education at the center of its 2026 public spending strategy, allocating approximately 140 billion dirhams ($15 billion USD) to these sectors in response to sustained social pressure and long-standing demands for improved public services. The move coincides with an ambitious......
The United States diplomatic mission in Morocco has returned to normal operations following the signing of the 2026 federal budget by President Donald Trump. In an official statement on Wednesday, the US Embassy in Morocco confirmed that all diplomatic activities have resumed after the enactment of......
Morocco managed to reduce its budget deficit to 3.5 percent of gross domestic product (GDP) in 2025, in line with the targets set by the Finance Law. The deficit reached approximately 60.5 billion dirhams, reflecting an improvement compared with the previous year. This performance was achieved thanks......
Israel’s parliament has approved the first reading of the 2026 state budget, easing immediate political pressure on Prime Minister Benjamin Netanyahu’s coalition but leaving the government facing crucial hurdles in the weeks ahead. The budget passed its initial vote with a narrow majority......
France’s draft Budget for 2026 suffered a significant setback on Friday after lawmakers in the National Assembly’s Finance Committee rejected the revenue section during a new reading. The vote sends a negative signal ahead of the full parliamentary debate, which is set to begin next week......
Taiwan's President Lai Ching-te delivered a firm New Year's address, vowing to safeguard the island's sovereignty and bolster military capabilities in response to China's largest-ever drills encircling the self-governing democracy. Speaking from the Presidential Office in Taipei, he emphasized......
Taiwan’s opposition parties have again blocked a sweeping defense spending plan, intensifying political deadlock at a moment of rising military pressure from China. Lawmakers from the Kuomintang and the Taiwan People’s Party used their combined legislative majority to prevent a special defense......
Paris, December 27, 2025 — President Emmanuel Macron has promulgated a special law allowing the French government to continue financing the state for 2026 despite the absence of an official budget, according to the Journal Officiel on Saturday. This legislative tool, previously used after the......
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