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  • Politics
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  • Tag
  • budget deficit

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
Lina Jaradat

Depleting funds highlight Kuwait's oil dependency dilemma

Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.

Amer Ziab Al-Tamimi 08 July 2024
Kuwait needs to shrink its public sector and use privatisation to cut its dependence on oil revenue. Reform will only become more difficult as the world moves to alternative energy. Shutterstock

After brief surplus, Kuwait's national budget back in the negative

Kuwait needs to shrink its public sector and use privatisation to cut its dependence on oil revenue. Reform will only become more difficult as the world moves to alternative energy.

Amer Ziab Al-Tamimi 07 September 2023
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A municipal worker fixes a sign in Sharm el-Sheikh, as the Egyptian resort town gets ready to host a US-brokered Gaza peace summit, on October 12, 2025. Khaled DESOUKI / AFP
Politics

Gaza ceasefire takes off, but expect turbulence ahead

11 October 2025

Al Majalla lays out four key hurdles to clear to ensure the truce sticks this time around

Brian Katulis
US President Donald Trump greets Palestinian President Mahmud Abbas during a summit on Gaza in Sharm el-Sheikh on October 13, 2025. Evan Vucci / AFP
Politics

Can Palestinians trust Donald Trump?

14 October 2025

Only US pressure will ensure that Israel honours the Gaza ceasefire

Omar H. Rahman
Nesma Moharam
Politics

Two years after October 7

06 October 2025

Al Majalla examines the repercussions of Hamas's attack on Israel, which set into motion a series of significant changes and power shifts in the Middle East

Al Majalla - London
Malagasy Colonel Michael Randrianirina, head of the CAPSAT military unit, reads out a statement in front of the presidential palace, where he announces the army is taking power in Antananarivo on October 14, 2025. Luis TATO / AFP
Politics

Madagascar's military coup is part of a wider African trend

14 October 2025

A rapid chain of events led to the president fleeing for his life following deadly clashes with citizens. But what happened is not uncommon for Africa. Al Majalla explains why.

Sergey Eledinov
Iraqi painter and sculptor Dia al-Azzawi
Culture & Social Affairs

Dia Azzawi’s latest murals mourn the ruin of Arab cities

09 October 2025

Iraqi sculptor's epic wall-mounted installations evoke the destruction of Aleppo and Mosul, displayed in Beirut in the shadow of ongoing genocide in Gaza.

Mohamed abi Samra

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