Japanese Finance Minister Satsuki Katayama announced that the government aims to minimize reliance on new debt when preparing a supplemental budget to address economic challenges. This comes amid rising inflation and the impacts of the war with Iran.
The Egyptian House of Representatives' Social Solidarity Committee has postponed the approval of the National Population Council's budget until performance reports are presented. This decision reflects the committee's commitment to ensuring transparency and accountability.
The Deputy Speaker stated that the current state budget has not achieved the desired economic boom, emphasizing the need for a review of financial policies to yield better results. He highlighted the lack of tangible improvement in the country's economic situation.
The Egyptian Parliament's Planning and Budget Committee has raised concerns about the lack of essential data and inflated figures in the final accounts for the fiscal year 2024/2025. This raises questions about transparency and credibility in budget preparation.
In a significant move towards environmental policies, Morocco is set to launch a dedicated climate budget. This initiative comes in response to the increasing challenges posed by climate change effects.