bcij-jadida

World Bank disburses 1.149 billion FCFA to support victims of floods in the Senegal River Valley

The World Bank is collaborating with Senegal to address severe flooding in the Senegal River Valley, exacerbated by exceptional rainfall and the influence of the Manantali and Diama dams. In this vein, the World Bank has stepped in with 1.149 billion FCFA through the Senegal River Valley Development and Resilience Project, the organization announced. The […]

Libyan Oil Revenues Increase to $14 bln in 2017

Libya managed to reduce its budget deficit in 2017 thanks to a sharp rise in oil revenues totaling $14 billion, the Libyan Central Bank said. The exponential increase in oil revenues up from $4.8 billion in 2016 is still much below the $50 billion registered in Libya before the fall of Gaddafi’s rule. The Central […]

Over 37 bln DH Allocated to Morocco’s Human Development Initiative

As it celebrates its 13th anniversary, the Moroccan human development initiative (INDH) has earmarked 37 billion dirhams to projects across the kingdom benefiting 10.4 million people. The initiative, spearheaded by King Mohammed VI, funded projects including 9359 revenue generating activities in an effort to enhance the living conditions of the poor and promote economic and […]