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Keywords: Subsidies
The Moroccan government plans to expand its 2026 budget framework by 20 billion dirhams to cushion the domestic economy against external shocks linked to geopolitical tensions in the Middle East. The additional allocation aims to protect household purchasing power while keeping the public deficit close......
Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding......
The direct housing assistance program in Morocco has expanded rapidly, reaching 101,521 beneficiaries as of 7 May. The scheme targets low and middle-income households and aims to improve access to adequate housing conditions across the country. Officials presented the latest figures during a session......
Egypt has increased natural gas prices for several industrial sectors as part of broader efforts to respond to rising global energy costs and reduce public spending on subsidies. The decision, announced through a government decree, took effect in May and primarily targets energy-intensive industries. The......
The government of France has officially published in the Journal Officiel the details of a new €50 fuel allowance designed to support low-income workers who travel long distances for work. The measure aims to ease the financial pressure caused by persistently high fuel prices. The scheme targets......
Taxi drivers and ride-hailing operators are calling for government support to offset rising fuel prices, which have increased due to ongoing geopolitical tensions in the Middle East. The request comes amid broader pressure on transport professionals, following similar appeals from fishermen, farmers,......
Governments across dozens of countries are deploying emergency policies to shield households and businesses from a widening energy crisis triggered by the war involving the United States, Israel, and Iran. The disruption has been amplified by the closure of the Strait of Hormuz, which has removed roughly......
Asia-Pacific governments have launched urgent fiscal programs, fuel subsidies and liquidity injections to steady markets rocked by the Middle East war. The conflict pitting the United States and Israel against Iran disrupts energy supplies and undermines economic confidence across the region. A Reuters......
The government of Japan has approved a five trillion yen (approximately $32 billion) emergency spending package aimed at cushioning households from surging food and energy costs, as inflationary pressures continue to weigh on consumers. Prime Minister Sanae Takaichi endorsed the measure following a......