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Morocco: Central Bank raises rates to 2.5 % & expects growth to reach 3pc in 2023
Morocco’s central bank has decided to raise its key rate by 50 basis points to 2.5pc due to inflation upward trends and external pressures that spread to non-tradable goods and services and to the implementation of the subsidy system reform starting 2024. During last quarterly meeting held Tuesday in Rabat, the Board of Bank Al-Maghrib […]
Libya: Cairo hosts meetings to narrow gap between Libyan rivals
The Egyptian government is hosting meetings between Libyan political rivals in a move to end deadlock between Head of unity government Faiez Serraj and President of House of Representatives (HoR) Ageela Saleh. The UN-backed political process in post Muammar Gaddafi Libya has been teetering with HoR refusing to endorse the Government of National Accord (GNA) […]
Tunisia : Japan gives billions for 11 projects
An official of the Japan International Cooperation Agency (JICA) has revealed that Japan and Tunisia have reached an agreement for the financing of development projects at the tune of 72billion Japanese yen. The amount is divided among 11 medium-sized loans. The loan condition is considered to be more suitable for the concerned projects. The Central […]



