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النسخة العربية
  • Politics
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  • budget deficit

A worker counts money at a petrol station in Cairo on 26 July 2024, as Egypt’s government announced yesterday a new increase in fuel prices. AHMED HASAN / AFP

How the Egyptian economy weathered regional turmoil

Saved from default in 2024, Egypt's macroeconomic policies and central bank flexibility have helped steady the ship amid the fallout of Israel's war on Gaza and the US war on Iran

Sharif Mohammad 22 October 2026
Al Majalla

Saudi Arabia's 2026 budget carefully boosts spending

Balanced fiscal management, targeted deficit reduction, and strategic growth initiatives underpin this year's budget, with a strong emphasis on citizen partnership

Omar Harkous 05 December 2025
Central Bank of Kuwait
 Shutterstock

Kuwait's budget deficit shrinks without public spending cuts

Cost-cutting measures, along with improved non-oil revenues, reduced the deficit by 32.4%. Al Majalla gives a detailed breakdown.

Amer Ziab Al-Tamimi 22 September 2025
Stock markets are reacting to an uptick in US inflation, suggesting that President Donald Trump's tariffs are beginning to feed into the American economy. Angela Weiss/AFP

Trump still betting on tariffs to shrink America’s trade deficit

In his latest missive, the US President has threatened 100% duties on Russia and its trading partners, which includes some big American allies. It's 'stick-or-twist' time for the White House.

Mohamed Sharki 17 July 2025
A billboard in the middle of a public street shows the size of the US debt, December 30, Washington, D.C., 2024. AFP

Why US ‘white swan’ debt can't be wished away by cuts

With an average monthly fiscal deficit of $150bn, there are no good options for Donald Trump, who boasts of defaulting on debt in corporate life. Will he do the same with America's $36tn I-O-U pile?

Toufic Chanbour 29 March 2025
Former Tunisian Minister of Finance, Siham Al-Boughdiri Namsia, presents the state’s general budget for 2022, Tunisia, December 28, 2021.
 AFP

Tunisia's 'IMF shadow' disappears with Nemsia's sacking

The unexplained dismissal of the finance minister leaves more questions than answers as the highly indebted country seeks to avoid a 2025 default

Kawthar Zantour 26 February 2025
Eduardo Ramon

Moving from crisis to hope: Egypt’s economy in 2025

After dramatic action from the central bank, an $8bn IMF loan and a $35bn development deal, Cairo aims to bounce back in the new year, but faces both familiar and new problems first

Marcelle Nasr 04 January 2025
The Saudi capital, Riyadh, on November 15, 2024. Reuters

Saudi Arabia’s 2025 budget balances spending with stability

Another deficit is likely, but it will be in line with EU standards, say Saudi ministers keen to keep investing in the Kingdom's economic diversification away from oil and towards Vision 2030

Maher Chmaytelli 11 December 2024
Morocco's 2025 Budget has impressed some, not others. Shutterstock

Only bold on paper? Morocco’s $73bn budget for 2025

Lots to shout about, say the government. Not enough for the ordinary Moroccan, say the opposition. Let's wait and see what happens on the world markets, say the economists

Mohamed Sharki 03 December 2024
Al Majalla

Syria’s 2025 budget is bigger but light on subsidies and detail

Damascus has artificially lowered prices for years, but Syrians today cannot afford basics like fuel without them, meaning its budget has become a delicate balancing act

Joseph Daher 14 November 2024
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Pete Reynolds
Politics

Benjamin Netanyahu is damaged goods in the West

25, Oct 2026

Key voices in the West appear to be throwing him under the bus ahead of the approaching Israeli election

Brian Katulis
Al Majalla
Business & Economy

Energy security and resiliency in an uncertain world

24, Oct 2026

Türkiye's Minister of Energy and Natural Resources writes for Al Majalla

Alparslan Bayraktar
People shout slogans as they gather after a two-week ceasefire in the Iran war was announced, in Tehran, Iran, on 8 April 2026. Majid Asgaripour / Reuters
Politics

An emboldened Iran could trigger an IS comeback

22, Oct 2026

Should the US and Israel fail in their war on Iran, Tehran would likely expand its regional influence at the expense of Sunni Arabs, who could potentially turn to extremist groups to fight back

James Jeffrey
Al Majalla
Culture & Social Affairs

The Palestinian flag in France: from student activism to social unrest 

23, Oct 2026

Once a symbol of solidarity with the Palestinian cause, it is now being used by different groups to advance their own grievances and agendas

Waddah Abu Jamea
Ukranian Minister for Foreign Affairs Dmytro Kuleba listens to the North Atlantic Treaty Organization (NATO) Secretary General during the alliance's 75th anniversary at the NATO Headquarters in Brussels on 4 April 2024. KENZO TRIBOUILLARD / AFP
Politics

Dmytro Kuleba on Trump’s drift towards Moscow

24, Oct 2026

Ukraine's former foreign minister is pragmatic about the war, peace talks, Kyiv's opponent, Washington, the Chinese, and the Gulf. His thoughts are a fascinating insight into Europe's biggest battle

Ahmed Maher

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OPINIONS

The Middle East: three dates, one uncertain future

Ibrahim Hamidi
Ibrahim Hamidi

Iran's new defence minister is a missile man, not a military man

Alex Vatanka
Alex Vatanka

Benjamin Netanyahu is damaged goods in the West

Brian Katulis
Brian Katulis

Tale‘ Nazel and the meaning of female independence

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