News round-up: Middle East & Africa (October 8-12)

12 Oct 12
Public finance stories from the Middle East and Africa you might have missed this week.

Public finance stories from the Middle East and Africa you might have missed this week.

Egypt to get IMF loan later this month, says PM

Egyptian Prime Minister Hisham Qandil has said he hopes to complete loan negotiations with the International Monetary Fund at meetings in Cairo in late October (Ahram Online).

 

Nigerian president faces showdown over 2013 budget

Nigeria's President Goodluck Jonathan has presented a 4.92 trillion Nigerian naira ($31.3 billion) budget to parliament for 2013, but lawmakers have disputed it, calling for a formula that would put less oil cash in the savings pot (TrustLaw).

 

Iran budget under pressure, Ahmadinejad says

Iran's state budget is under pressure and the government has cut spending in some areas, President Mahmoud Ahmadinejad has been quoted as saying (Reuters).

 

Zambia keeps budget deficit at 4.3%of GDP

Zambia's government presented a $6.3bn budget for 2013 on Friday, raising spending to fund infrastructure and underscoring its commitment to create jobs in Africa's biggest copper producer (Reuters Africa).

 

Rwandan MPs call for coordinated graft fight

The Rwandan parliamentary Public Accounts Committee is considering ways of harmonising efforts geared at combating corruption (AllAfrica).

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