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Tag: economic crisis
Saudi Arabia to provide Tunisia $500m as soft loan and grant
Saudi Arabia will give Tunisia $500 million as a soft loan and a grant to help improve its public finances with the national budget suffering ... Read More
Low turnout haunts Tunisia’s parliamentary vote as economic crisis bite
Few Tunisians are expected to cast ballots in the second round of a vote for a parliament that has been stripped out of its powers ... Read More
Tunisia foils 8 illegal migration attempts, detains 231 people
Tunisia announced Tuesday its National Guards forces curbed eight illegal migration attempts and arrested 213 people from different regions of the country, Anadolu news agency ... Read More
Egypt: Central bank governor resigns amidst economic crisis, declining currency
Egypt's central bank governor, Tareq Amer, resigned on Wednesday amid the country's ongoing economic crisis and the Egyptian President accepted his resignation, according to several ... Read More
Algeria: 2021, another Annus Horribilis for military junta, de facto rulers
Algerians from all walks of life continued to suffer in 2021 from acute shortage of bread, milk, cooking oil, potatoes, sugar, pasta, oxygen for covid-19 ... Read More
Algeria’s president never-ending Brouhaha
As Algeria sinks into an unprecedented economic and social crisis, Algeria’s president indulges himself and his military rulers with his diatribes against Morocco, Israel and ... Read More
Tunisia: State might no longer pay salaries, supply power – Parliament Speaker warns
The Tunisian state might no longer be able to pay salaries to civil servants and supply electricity of its citizens, Rached Ghannouchi speaker of the ... Read More
Budget crisis, Structural Challenges Delay Completion of Algeria’s Mega Mosque
The plummeting oil prices propelled Algeria in an economic crisis marked by a sharp decrease in exports and a deepening budget deficit threatening to halt ... Read More
Does Algeria Need Nuke Power Plant?
Algeria, member of the OPEC Cartel and a major oil & gas producer in the region, has raised regional and international concerns when it announced ... Read More
Mauritania seeks mobilization of $117 million to support youth
The Mauritanian Government will next month organize a roundtable with its technical and financial partners in a bid to mobilize $117 million necessary to implement ... Read More