Ethiopia implements taxation overhaul to address USAID funding gap

Ethiopia’s parliament has enacted a sweeping tax reform targeting both private and public sector employees to fill the financial void created by USAID’s recent funding suspension. The newly established Ethiopian Disaster Risk Response Fund will channel these tax revenues toward critical projects previously sustained by USAID, which had been Ethiopia’s foremost development and humanitarian partner. […]

Hungary supports Morocco’s territorial integrity, commends Rabat’s role in countering illegal migration

Hungary described Morocco as a reliable counter illegal migration and security partner for the EU and voiced full support to Morocco’s territorial integrity. The remarks were made in Rabat by Hungary’s foreign minister Peter Szijjarto following talks with his Moroccan peer Nasser Bourita. The Hungarian minister said his country “welcomes Morocco’s decisive and exemplary role […]

Morocco’s tourism revenues near pre-pandemic levels in April

Morocco reported a 124% rise in tourism receipts to 14.62 billion dirhams ($1.5 bln) up to April this year, getting closer to pre-pandemic levels of 2019, the exchange office said. Analysts say that the receipts could have been higher had it not been for Ramadan which coincided with April this year. Morocco is restoring air […]