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Keywords: Debt
Morocco has emerged as the fourth most indebted country in Africa, with external debt reaching $45.65 billion in 2023, according to a report by the African Export-Import Bank (Afreximbank). The report, titled “State of Play of Debt Burden in Africa and the Caribbean," highlights Morocco’s......
The nonpartisan Congressional Budget Office (CBO) revised its forecast on Wednesday, lowering the expected cost of President Donald Trump’s tax-cut and spending legislation. The updated projection estimates the plan will increase the national debt by approximately $2.4 trillion, down from a previous......
Billionaire Elon Musk has reignited his criticism of U.S. President Donald Trump’s flagship budget legislation, describing it as a “disgusting abomination” in a string of social media posts shortly after departing from his advisory role in the administration. Known as the One Big Beautiful......
During the first quarter of 2025, ports under the management of Morocco’s National Ports Agency (ANP) handled close to 23 million tonnes of cargo, marking a 4.1% increase compared to the same period in 2024. According to a recent statement from the ANP, the agency’s cumulative revenue rose......
Completing the payment of your mortgage in Spain is an achievement worthy of celebration. However, many homeowners overlook a crucial final step that can lead to complications down the road. Purchasing property in Spain is a common aspiration for many, particularly among foreign buyers. For most, this......
Morocco's government is embarking on an ambitious plan to balance economic stability with essential social welfare investments. Minister of Economy and Finance, Nadia Fettah, recently announced that the country’s budgetary programming for 2025-2027 will prioritize reducing the budget deficit......
South Africa is grappling with a substantial budgetary challenge in a climate of slow economic growth, as highlighted by economic experts during a recent conference in Johannesburg focused on commodities. According to analysts, this year's budget has experienced a slight short-term budgetary slip,......
Pedro Sánchez found himself in the middle of a political crossfire during the control session in the Spanish Congress, with both the right-wing PP and the left-wing Podemos targeting him. Alberto Núñez Feijóo, the leader of the PP, criticized the constant internal conflicts......
The Spanish Ministry of Finance and ERC have caused a rift in the Fiscal and Financial Policy Council (CPFF) scheduled for this Wednesday, where the central government and regional governments were set to discuss the details of the proposed regional debt forgiveness. This initiative, designed as a bargaining......