Algeria wants tourism but lacks prerequisites

The Algerian president and the state media apparatus have been on charm offensive for years, speaking about the tourism potential of the country. Yet, little was done to prepare the prerequisites for a genuine tourist industry that may help diversify the oil and gas-dependent economy. Speaking to sycophant media, Tebboune said that tourist can now […]

Currency Reform, Morocco’s Path to Become North Africa’s Financial Hub

Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]

IMF sounds alarm on Algeria’s widening budget deficit

While official discourse in Algeria continues to highlight a nominal GDP surge, the International Monetary Fund’s latest assessment paints a more cautious picture of the country’s economic fundamentals amid a widening budget deficit. In its 2026 Article IV Consultation report, the IMF warns that large fiscal deficits have depleted fiscal buffers and external buffers have […]