EconomyIssue 04 - 2024MAGAZINENairobi’s debt crisis fuels youth discontentGBO CorrespondentJanuary 13, 2025January 15, 2025 GBO CorrespondentJanuary 13, 2025January 15, 2025 The majority of people who live in Nairobi's slums still cannot afford...
Banking and FinanceTop StoriesOman’s 2025 budget forecasts revenue increase, driven by oil & gasGBO CorrespondentJanuary 13, 2025 GBO CorrespondentJanuary 13, 2025 Around OMR 44 million has been set aside in the 2025 budget...
EconomyTop StoriesUnited States current account deficit hits record high in Q3 2024, economists issue warningGBO CorrespondentDecember 20, 2024 GBO CorrespondentDecember 20, 2024 At USD 1.833 trillion for fiscal 2024, the United States budget deficit...
FinanceTop StoriesQatar unveils state budget for 2025, focuses on strategic developmentGBO CorrespondentDecember 19, 2024 GBO CorrespondentDecember 19, 2024 At an upcoming news conference, Minister HE Ali bin Ahmed Al Kuwari...
EconomyTop StoriesSaudi Arabia expects 2024 fiscal deficit to widen to 3% of GDPGBO CorrespondentOctober 10, 2024October 10, 2024 GBO CorrespondentOctober 10, 2024October 10, 2024 Spending has increased by Saudi Arabia, the world's largest oil exporter, despite...
FinanceTop StoriesThailand’s much-anticipated digital handout scheme to include cash paymentsGBO CorrespondentSeptember 11, 2024 GBO CorrespondentSeptember 11, 2024 Thailand's central bank has forecast economic growth of 2.6% for this year,...
EconomyTop StoriesRachel Reeves announces steps to tackle 22 billion pound budget shortfallGBO CorrespondentJuly 31, 2024July 30, 2024 GBO CorrespondentJuly 31, 2024July 30, 2024 Rachel Reeves set out a series of 'difficult' savings to recoup money...
FinanceTop StoriesPayment of USD 976 million: IMF reaches staff-level agreement with KenyaGBO CorrespondentJune 13, 2024 GBO CorrespondentJune 13, 2024 The USD 3.6 billion IMF agreement that Kenya is currently party to,...
EconomyTop StoriesMENA Watch: Will Egypt’s IMF bailout be enough?GBO CorrespondentFebruary 21, 2024February 21, 2024 GBO CorrespondentFebruary 21, 2024February 21, 2024 Egypt's Ministry of Finance cut its budget for utility subsidies to meet...
EconomyTop StoriesFitch affirms Saudi Arabia ‘A+’ ratingGBO CorrespondentFebruary 8, 2024 GBO CorrespondentFebruary 8, 2024 Saudi Arabia possesses substantial fiscal buffers in the form of deposits and...