The surge of commodities prices and its impact on subsidized products augurs ill for the Moroccan economy which has to prepare for a deepening budget and trade deficits. The price of oil has increased from an average of $70 per barrel to $120 while wheat prices tripled, smashing a record high of $375/t as the […]
King Mohammed VI has instructed the Moroccan private sector to conduct massive testing to protect the employees and resume activity in a secure environment, as part of the participatory management of the Covid 19 pandemic. The Ministry of Health and the General Confederation of Moroccan Enterprises (CGEM) said in a recent joint statement that this […]
The head of the Libyan Investment Authority (LIA), Mohsen Derregia, who has been sacked by Prime Minister Ali Zeidan but still reluctant to leave office, has said that the decision is costing the country millions. He was replaced under a government policy but the decision is being challenged in court. The defiant Derregia claimed that […]
