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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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Sara Padovan
Politics

A landslide for Democrats. A rebuke to Donald Trump

04, Nov 2026

Republicans face a tumultuous new era

The Economist
Russian President Vladimir Putin greets Rwanda's Prime Minister Justin Nsengiyumva during a welcoming ceremony for participants of the Russia-Africa Summit in Moscow, Russia, on 28 October 2026. Igor Ivanko/REUTERS
Business & Economy

Russia-Africa summit: ambitions and challenges

29, Oct 2026

Amid competition for influence and resources, Russia knows that Africa is a market with potential. For African states, Russian companies are still of interest, but the value equation needs to change

Rana Freifer
Pete Reynolds
Politics

Israel election: musical chairs for parties, not policies

29, Oct 2026

Whoever forms the next government, Benjamin Netanyahu's tenure and effect have been such that, on the key issues, there will be little to no diversion from his policy path

Majed Kayali
Vasya Kolotusha
Science & Technology

Humanoid robots: the industry set to reshape our lives

02, Nov 2026

Engineering and mechanics have helped these products of the future move. Now AI is helping with understanding and autonomous action. Big developments are unfolding across the world

Marco Mossad
QatarEnergy headquarters in the capital, Doha, on 8 November 2022.
 AFP
Business & Economy

Can China's $3bn loan to QatarEnergy revive LNG exports?

03, Nov 2026

While the financing does not mean Beijing has bought Doha's political loyalty, it demonstrates the growing interdependence between the two countries

Abdel-Rahman Ayas

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OPINIONS

Trump's midterm flop

Fares Garabet
Fares Garabet

A landslide for Democrats. A rebuke to Donald Trump

The Economist
The Economist

Airstrikes reveal fragile Jordan-Syria security partnership

Haid Haid
Haid Haid

Al Majalla's Book Watch

Khodr Al Agha
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