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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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Ewan White
Politics

Iraq at risk of fragmentation

22, Oct 2026

This week's cover story details how militia influence undermines state institutions, deepens sectarian divisions and creates security vacuums that IS could exploit

Al Majalla - London
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
A general view of the Cairo Citadel overlooking parts of Taiz, Yemen, on 24 May 2022. Reuters
Politics

Taiz: a centre for enlightenment and cultural coexistence

22, Oct 2026

The ancient city is the latest target of a Houthi battle for territory, identity, and the country's future

Anwar Al-Ansi
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
Business & Economy

How the Egyptian economy weathered regional turmoil

22, Oct 2026

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
A supporter wears a T-shirt of opposition presidential candidate Sen. Flavio Bolsonaro during a rally to launch his runoff campaign in Goiania, Brazil, on 6 October 2026. AP Photo/Eraldo Peres
Profiles

Flávio Bolsonaro: Brazil's next president?

18, Oct 2026

Lula's challenger won 47% of the vote in first-round polls. Will he win the run-off, too?

Stefanie Butendieck Hijerra

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OPINIONS

Libya’s maritime deal with Türkiye ruffles feathers in Egypt

Amr Emam
Amr Emam

No end in sight: Trump's bid to end Ukraine war falls flat

Con Coughlin
Con Coughlin

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

Waddah Abu Jamea
Waddah Abu Jamea

Iraq at risk of fragmentation

Al Majalla - London
Al Majalla - London
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