Middle East & Africa news round-up: Moroccans criticise budget cuts, and more

19 Apr 13
A round-up of public finance stories from the Middle East and Africa you might have missed this week (April 15-19).

A round-up of public finance stories from the Middle East and Africa you might have missed this week (April 15-19).

Moroccans criticise budget cuts

The Moroccan government's decision to postpone the allocation of 15bn dirhams for investment purposes is drawing heavy criticism (AllAfrica.com).

9.5% deficit forecast for Egypt's 2013/14 state budget

Egypt's budget deficit for the coming 2013/14 fiscal year (beginning 1 July 2013) is forecast to reach LE197.5 billion according to a draft budget referred to Egypt's Shura Council earlier this month (Ahram Online).

Kenyan president calls for a reduction of wage bill

President Uhuru Kenyatta has directed all arms of Government to work towards reducing the ballooning public sector wage bill (The Standard).

Cash-strapped Zimbabwe may slash election budget

Zimbabwean Finance Minister Tendai Biti has mooted a slashing of Zimbabwe’s election budget for the second time this year from $132m to $100m, as the cash-strapped unity government continues to cry foul over election funds (Business Day, South Africa).

Lagos budget performance falls by 4%

The budget performance of Nigeria’s Lagos State in the first quarter of 2013 has recorded a marginal decline of 4% from the performance of 65% the state recorded in the same period in 2012 (This Day).

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