German investor morale jumps as recovery hopes build: ZEW
German investor sentiment rose sharply in June, with the ZEW economic research institute’s indicator of economic…
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fiscal policy
Germany urges EU to limit spending in next 7-year budget
Germany called for restraint in the European Union’s next seven-year budget, warning that member states lack the…
Egypt’s tax revenues set record
Egypt recorded its highest annual growth in tax revenues in recent years, with a 37.8 per cent increase during the…
Egypt posts highest primary surplus since 2005
Egypt achieved a primary surplus of 3.1 per cent of GDP during the period from July 2024 to May 2025, marking the…
Sterling slips ahead of UK spending review
Sterling edged lower against the dollar on Wednesday, falling 0.2 per cent to $1.3472, as markets awaited British…
Egypt to roll out new tax relief packages soon – FinMin
Egypt’s Minister of Finance Ahmed Kouchouk announced plans to introduce a new set of tax relief measures in the…
Zambia secures IMF staff-level deal
Zambia has reached a staff-level agreement with the IMF for a $194 million disbursement under the Fifth Review of…
Germany’s service sector contracts sharply in May ’25
Germany’s service sector contracted for the second consecutive month in May, shrinking at the fastest pace in two…
Thai parliament approves $115b budget in initial vote
The Thai government's budget of 3.78 trillion baht ($115 billion) for the 2026 fiscal year was approved in its…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…