France draft

IMF Supports Tunisia with $2.9 Bln Credit Line

The International Monetary Fund (IMF) has approved a $2.9 billion Extended Fund Facility (EFF) for Tunisia to help the country carry out its economic and financial reform program. This program aims at promoting stronger and more inclusive growth by consolidating macroeconomic stability, reforming public institutions, facilitating financial intermediation and improving the business climate. According to […]

Morocco, U.S. Businessmen Meet in Washington to Boost Partnership

Representatives from both Moroccan and U.S. business communities will meet Dec.4 in Washington D.C. to discuss ways to increase bilateral trade and enhance business development in sectors such as aerospace, agriculture, automotive, and renewable energy and infrastructure. The business conference, to be convened at the U.S. Department of State in cooperation with the Bureau of […]

Algeria’s Mega Mosque Turns to Financial Black Hole

The giant mosque that is being built to stand as a hallmark of President Bouteflika’s legacy has come to represent all that is wrong with financial governance in Algeria. The mega project, initially launched with a price tag of $1 billion, has drawn funds exceeding $2 billion so far. The monument is becoming a black […]