NATO

Audit report reveals overvalued procurement by Justice Ministry

The Moroccan Justice Ministry has bought overvalued furniture and office equipment an audit by the Finance Ministry showed. The audit repot published by Moroccan media Rue 20 showed that the expensive procurements occurred during the administrations of Islamist Mustapha Ramid and his successors Mohamed Aoujar of the RNI and current USFP minister Mohammed Ben Abdelkader. […]

Algeria’s Foreign Exchange Reserves to Drop to $85 bln by End 2018

Imports continue to drain Algeria’s foreign exchange reserves, which are expected to end 2018 with $85 billion as the country reels under the drop in oil revenues. Reserves were at $90 billion by the end of May, almost less than half the $190 billion reserves registered in end 2014 prior to the oil price slump. […]

US urges more financial support for Middle East and Africa to confront lurking ISIS threat

ISIS continues to pose a threat in Iraq and Syria despite being considerably weakened in recent year, said US Under Secretary Victoria Jane Nuland. “This year, we are seeking to raise $700 million for critical stabilization activities in communities liberated from ISIS’ control in Iraq and Syria, $350 million for Iraq and $350 million for […]