Credit rating agency, Fitch, affirmed Morocco’s long-term foreign and local currency issuer default ratings (IDRs) at ‘BBB’ with a Stable Outlook. Fitch explained that Morocco’s BBB rating was driven by its economic performance, public finance and external finance metrics. “Economic policy focuses on maintaining macroeconomic stability and is unlikely to change much as a result […]
All economic indicators in Tunisia are flashing red as the country grapples with widening trade deficits, mounting debt vulnerabilities, and slowing growth in key sectors. Meanwhile, the country’s autocratic leader drags feet on urgent reforms as the economy risks sliding into prolonged stagnation. Tunisia’s trade deficit reached 8.4 billion dinars by the end of May […]
Libya’s internationally recognized parliament based in the eastern city of Tobruk Monday rejected the UN-backed Government of National Accord (GNA) in a vote of no confidence, putting the political process in jeopardy. Monday vote by the House of Representatives (HoR) came after many previous sessions failed due to lack of quorum. Assembly President Aguila Saleh […]
