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Morocco’s Central Bank Governor Receives 2 Prizes at IMF- WB Event
Abdellatif Jouahri, Governor of Morocco’s Central Bank, Bank Al Maghrib, was distinguished for the second year in a row as one of the best performing heads of central banks in the world by the IMF and the Word Bank Group. Jouahri received an A grade award in Global Finance, awarded at a ceremony on the […]
Algeria Resorts to Printing Press to Fix Budget Deficit
The Algerian government has resorted again to the printing press to inject in the market over 4,000 billion dinars, the equivalent of 20% of the country’s GDP, to deal with the 2018 budget deficit. The situation is likely to get worse in 2019, as the outlook for oil prices is rather pessimistic. Since 2014, economic […]
Turkey prepares naval drills off Libyan coast, a show of force amid tensions with France
The Turkish Ministry of National Defense will soon carry out large-call naval exercises off the Libyan coast to prove ability to control the region by air and sea, amid tensions with France over the oil-rich African country. The maneuvers dubbed “Naftex” will take place in three different regions: Barbaros, Turgutreis and Chaka Bey, Middle East […]



