As threat of war looms, Europe hikes spending on military and defence equipment
According to the IISS, Europe accounted for around 21% of global military spending in 2025, and approximately $100 billion more than in 2024...
Tag : budget
Cyprus: The island rebound
The overall gross tonnage of the Cyprus ship registry has increased by 20% over the last two years, reaching the highest level in the last two decades...
UAE’s great fiscal transformation
Throughout 2025, the UAE maintained top-tier sovereign credit ratings, with Moody's rating it at Aa2, S&P at AA, and Fitch at AA-...
Oil prices force PIF retrenchment
The PIF’s transformative importance across the Saudi economy and for entire supply chains spanning the globe is difficult to overstate...
IF Insights: Amid slowing growth trajectory, Rachel Reeves presents another tax-heavy budget
Rachel Reeves targeted the European country’s rich with a new council tax surcharge for properties worth more than two million pounds...
South Africa to rely on domestic bonds to refinance debt: Government
In terms of external borrowing, South Africa raised USD 2.6 billion of the projected USD 5.3 billion for 2025/26 from multilateral development banks...
Burkina Faso rejects foreign debt, embraces gold
Traditionally, Burkina Faso's gold mines were owned and operated by foreign companies, resulting in limited benefits for local communities...
Troubling times ahead for Tunisia
As Tunisia nears a repayment milestone of several years, the debt service burden will only escalate...
Iraq’s USD 100 billion gamble: Can dreams survive oil price decline & fiscal strain?
With about four million daily crude barrel production, Iraq depends mostly on unpredictable oil sales for around 90% of its national income...
IF Insights: Vision 2030 faces harsh reality as Saudi faces fiscal crunch
According to the IMF, Saudi Arabia needs oil at more than USD 90 a barrel to balance its budget...