Keywords: Budget


Rutte urges Europe to boost defense spending and trust us commitment

NATO Secretary-General Mark Rutte has called on European allies to put less energy into questioning Washington’s reliability and more into meeting their own defense spending pledges, arguing that a stronger European contribution will help lock in the United States’ role in the alliance. Speaking......

Morocco considers smart farming shift in 2026 budget

Morocco is preparing its draft 2026 finance law with water security and structural reform at the center of public spending, as prolonged drought continues to strain the country’s agricultural sector. Policymakers are weighing whether the next budget cycle should move beyond traditional irrigation......

Türkiye posts $4.9 billion budget deficit in January

Türkiye recorded a central government budget deficit of 214.5 billion Turkish liras ($4.9 billion) in January, according to official data released by the Treasury and Finance Ministry. The ministry reported total budget revenues of 1.42 trillion liras ($32.38 billion) for the month, while expenditures......

Russia oil revenues hit lowest level since pandemic

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 targets health and education with $15 billion budget boost amid AI expansion

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......

US diplomatic mission in Morocco resumes normal operations

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......

In Morocco, the budget deficit falls to 3.5% of GDP in 2025

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 2026 budget clears first Knesset vote amid political uncertainty

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......

Budget 2026 revenue section rejected by lawmakers in committee

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......