Search results

Egypt will struggle to service high-interest loans

Location:

EGYPT

Budget analysis.

Lebanon’s belated budget will face political hurdles

Location:

LEBANON

The government is struggling to agree a budget that will allow an increase in public-sector salaries, financed by higher taxes and duties. If passed, it would be the first budget…

US budget poised to end with continuing resolutions

Location:

UNITED STATES

The budgeting process is where the government determines its fiscal priorities for the following year. However, gridlock in Congress and the deep divisions between the parties has…

Budget rethink will not placate Guatemalan public

Location:

GUATEMALA

Protesters in Guatemala City set fire to Congress on November 21 as the unrest intensified. Faced with increasing violence, President Alejandro Giammattei agreed to withdraw the…

Russia's budget reflects caution on future spending

Location:

RUSSIA

A three-year budget cycle is intended to create predictability after a year in which the initial budget had to be revised as the oil price outlook grew gloomier. Spending cuts are…

Egypt will find it hard to hit budget targets

Location:

EGYPT

The Ukraine war has had a damaging effect on the Egyptian economy, but the government has presented a budget for the 2022/23 (July-June) fiscal year that aims to trim the fiscal…

UK mini-budget carries significant risks

Location:

UNITED KINGDOM

Among the key short-term measures to tackle inflation is the energy price guarantee (EPG), which will limit the average household energy bill to GPB2,500 (USD2,700) for the next…

Canadian budget has election aspects

Location:

CANADA

Freeland acknowledged that a rising deficit following escalated public expenditure during the pandemic means an emphasis on fiscal restraint, but she was still able to raise…

Fiscal crisis will raise political risks in Iraq

Location:

IRAQ

The political establishment has given strong backing to the budget cuts ordered by Abadi. The 2016 budget has been amended to account for the collapse of Iraq's planned 2016…

New Zealand budget will help government for now

Location:

NEW ZEALAND

The coalition has been in office since October 2017 under Prime Minister Jacinda Ardern. This budget combines fiscal restraint with increased social, foreign affairs and aid…