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Egypt will struggle to service high-interest loans

Location:

EGYPT

Budget analysis.

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…

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…

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…

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…

Mexico projects will not drive post-pandemic recovery

Location:

MEXICO

The package of 39 projects, worth MXN297bn (USD14.5bn), aims to boost post-pandemic economic growth through privately funded investments or strategic alliances between private…

Russia's fiscal planners favour stability over growth

Location:

RUSSIA

Spending will be cut by nearly 2% this year to keep the budget in a slight surplus. Russian policymakers face a now familiar trade-off between their desire for fiscal rectitude…

East Africa budgets face rising external risks

Location:

EAST AFRICA

East Africa's 2015-16 budgets

Egypt's budget sets ambitious revenue targets

Location:

EGYPT

The budget envisages an overall deficit of 7% of GDP, revised upwards from an earlier draft because of the effects of devaluation and higher interest rates on public debt…

India’s budget plan risks being self-defeating

Location:

INDIA

Total expenditure is projected at INR39.5tn (USD524.4bn), about 5% higher than the revised estimate for 2021/22. However, capital expenditure (capex) is expected to be more than…