COVID-19: IBRD grants Tunisia €18.3m loan

The International Bank for Reconstruction and Development, IBRD, has lent Tunisia €18.3 million earmarked for the fight against the COVID-19 health crisis. The Tunisian cabinet Friday validated the loan, which was signed on May 11. The North African country needs $157 million in addition to external sources to roll out anti-covid-19 national policy. The IBRD […]

King Mohammed VI Wins Global Hope Coalition Special Recognition Award

The sustained efforts made by King Mohammed VI worldwide for the promotion of tolerance, the consolidation of inter-cultural relations and coexistence have been recognized by the international foundation Global Hope Coalition, which granted the Sovereign a “Special Recognition Award”. This prestigious prize has been handed over to the King’s brother Prince Moulay Rachid during a […]

Algeria’s Trade Deficit Deepens to 14 bln Dollars

Algeria’s trade deficit slipped into 14 billion dollars in the first 8 months of 2016 because of the fall in oil revenues, propelling the government to draft an austere appropriation bill for 2017 with the introduction of new taxes in a bid to minimize losses. Algeria’s trade deficit worsened despite an 11% decline in imports […]