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Keywords: Public finances


Morocco Plans FIFA Tax Breaks Ahead of the 2030 World Cup

Morocco is preparing a special tax and customs framework for FIFA and a range of organisations involved in the 2030 World Cup, under measures included in the country’s draft Finance Bill for 2027. The proposed provisions are intended to facilitate preparations for the tournament and related events,......

Morocco’s 2027 Budget Forecast Puts Betting Revenue at MAD 195 Million

Morocco expects to generate approximately 195 million Moroccan dirhams from betting and games of chance in 2027, according to projections associated with the country’s forthcoming budget. The forecast places gambling-related revenue among the sources of income tracked by the state as it prepares......

Morocco Plans Income Tax Exemption for Salaries Below MAD 10,000 From 2027

Morocco is preparing a major change to its personal income tax system, with employees earning less than MAD 10,000 in monthly net salary expected to benefit from an exemption starting on January 1, 2027. The measure was announced by Fouzi Lekjaa, the minister delegate in charge of the Budget, during......

PLF 2027: Moroccan Government to Present Draft Budget Before Both Parliamentary Chambers

Morocco’s 2027 Finance Bill will be presented to Parliament on Friday during a joint plenary session bringing together members of both chambers. The presentation will be delivered by the Minister of Economy, Finance and Public Finance Performance, marking a key stage in the country’s annual......

Moody’s upgrades Egypt’s credit rating to B3 with a positive outlook

Moody’s Ratings has upgraded Egypt’s sovereign credit rating to B3 and maintained a positive outlook, citing expectations of continued fiscal consolidation and a gradual reduction in government debt over the coming years. The agency expects the debt-to-GDP ratio to fall below 70% by 2030,......

Report claims migrants accounted for most new UK jobs over the past decade

A report by the UK-based Centre for Social Justice has raised questions about the relationship between immigration, employment and welfare spending, claiming that foreign nationals accounted for the majority of new jobs recorded in the United Kingdom over the past decade. According to the think tank’s......

Italy pledges continued fiscal discipline while making room for energy and defence investment

Italy’s government intends to maintain a cautious approach to public finances while preparing for potential economic turbulence, Economy Minister Giancarlo Giorgetti said in Rome on Tuesday. His remarks came as the government presented its public finance planning document to the Chamber of Deputies,......

IMF highlights the resilience of Morocco’s banking sector amid global economic risks

Morocco’s banking sector remains resilient, profitable and adequately capitalised despite external economic shocks, according to Jason Wu, deputy director of the International Monetary Fund’s Monetary and Capital Markets Department. Speaking in Bangkok on the sidelines of the IMF and World......

Finland considers higher retirement age and childcare benefit cuts to boost growth

Finland’s Finance Ministry has proposed a series of measures aimed at strengthening economic growth and putting the country’s rising public debt on a more sustainable path, including a possible increase in the retirement age and changes to childcare support. The proposals are included in......

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