A round-up of public finance news stories from the Middle East & Africa you might have missed this week (May 6–10).

Nigerian accounting institute president tasks accountants on ethics

The National President of the Institute of Certified Public Accountants of Nigeria, Oge Okeke, has tasked public accountants on the need to adhere strictly to the ethics of their profession (Daily Times, Nigeria).

Qatar books huge surplus on higher oil price

Qatar will have booked a huge surplus in the fiscal year ending in March with the oil price averaging $109.40 a barrel, up 68% on the budget estimate for 2012/13 (Gulf Times).

Rwandan budget to Increase to Rwf1.6 trillion

The Rwandan government’s expenditure will rise to Rwf1.6 trillion in the 2013/2014 fiscal year starting in July, up from about Rwf1.4 trillion this year (AllAfrica).

Israeli Treasury proposes 1.5% income tax hike in budget

The budget proposal that finance minister Yair Lapid submitted to the government on Monday night comprises an income tax increase of 1.5% starting in 2014 and boosts 2013 spending by 7% in real terms, the largest budget increase of any OECD nation (The Jerusalem Post).

Niger increases spending over Mali intervention

Niger has increased budgetary spending for 2013 by 6% in part to help cover the costs of a military deployment aimed at driving rebels out of its West African neighbour Mali (World Bulletin, Turkey).