Middle East & Africa round-up: Angola must cut back due to oil price fall, says central bank governor, and more

4 Sep 15

A round-up of recent public finance stories from the Middle East & Africa you might have missed.

Angola must cut back due to oil price fall, says central bank governor

Angola needs to cut its spending to match falling oil sales revenue after the crude price drop, the Central Bank Governor told Angola National State Radio (RNA) on Tuesday. (Reuters)

Netanyahu’s political strength to be tested by Israel budget

Israeli Prime Minister Benjamin Netanyahu faces a test of political strength as the government budget is put to its first vote in parliament Wednesday. (Bloomberg)

Egypt can recover funds in Swiss banks through new illicit gains law: Al-Zind

Egyptian Minister of Justice, Ahmed Al-Zind, discussed with the Swiss Ambassador in Cairo Markus Leitner the recovery of former Mubarak regime figures’ frozen assets in Switzerland. (Daily News Egypt)

Cash strapped Uganda may withdraw from 2017 Afcon qualifiers

The Federation of Uganda Football Associations has threatened to withdraw the national team from the on-going 2017 Africa Cup of Nations (Afcon) qualifiers because of continued financial constraint. The FA is now looking at government for funding. (coast week)

Syrian refugees in Lebanon fear fleeing unrest again, may head to Europe

More than a million Syrian refugees feel unwelcome guests in Lebanon, where anti-government protests are only worsening. Many fear the Syrian scenario may repeat there and they will have to flee again. (RT)

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