deficit

Nigeria approves fiscal plan projecting sharp rise in 2026 spending

Nigeria has approved a medium-term fiscal plan for 2026 that projects high spending, a wide deficit, heavy debt costs and lower-than-targeted oil output.

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Egypt’s net foreign assets hit record low: 841B EGP

Business / Adlia

Central bank data reveals a record deficit of 841 billion pounds in Egypt’s net foreign assets amid commercial bank struggles.

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