Keywords: Fiscal policy
Spain has renewed its call for greater joint debt issuance at the European Union level, arguing that a shared borrowing strategy could significantly reduce financing costs and ease pressure on taxpayers. Spanish Minister of Economy, Trade and Business Carlos Cuerpo made the proposal during a conference......
Public debt levels across the Group of Seven have increased significantly in recent years, raising concerns about the long-term stability of government finances in the world’s most advanced economies. Countries including the United States, Germany, and Japan are facing mounting fiscal pressure......
European Union authorities could temporarily relax rules requiring member states to keep budget deficits below 3% of GDP if the Middle East conflict persists, Italy’s EU Affairs Minister Tommaso Foti said on Wednesday. Foti explained that the EU Council might act in response to prolonged crises,......
The International Monetary Fund (IMF) reported on Friday that its staff held discussions with Gabonese authorities regarding the country’s macroeconomic situation and policy priorities, as well as strategies to advance national growth initiatives. During the meetings in Libreville, both parties......
The African Development Bank (AfDB) and the African Sustainable Investment Forum (ASIF) have reaffirmed their partnership to advance sustainable development across the continent. Their renewed cooperation aims to promote economic transformation, social equity, and responsible investment......
Morocco’s tax amnesty program significantly slowed the growth of cash in circulation in 2024, according to Bank Al-Maghrib’s (BAM) annual financial report. The initiative, launched by the General Directorate of Taxes, reduced the growth rate of banknotes and coins in circulation to 8%, down......
Morocco’s tax revenues surged by 25.1 billion dirhams by the end of June 2025, marking a 16.6% increase compared to the same period in 2024. The announcement was made by Fouzi Lekjaa, Minister Delegate in charge of the Budget, during a parliamentary session on Monday. The minister attributed......
Morocco's comprehensive fiscal reforms have driven remarkable growth in tax revenue, reaching MAD 299 billion ($29.5 billion) in 2024, marking a significant increase from MAD 199 billion ($19.5 billion) in 2020. This surge in revenue has enabled substantial investments in social welfare programs,......
Morocco’s Ministry of Economy and Finance is exerting pressure on tobacco companies to raise cigarette prices following disappointing revenue collections from the Domestic Consumption Tax (TIC) on manufactured tobacco. Sources within the ministry indicate that these tax revenues have fallen below......
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