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IMF Director: Price stability is a basic condition to achieving growth; WB President eyes longer, cheaper loans

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Friday that price stability is “is a prerequisite for growth and it protects people, especially the poor.” This means the fight against inflation remains paramount. In her address at the plenary session of the 2023 annual meetings of the World Bank and the […]

Algeria to Build New Terminal at Houari Boumediene Airport

Algerian authorities are planning to build a new Terminal at the Houari Boumediene international airport in the Algerian capital to keep pace with soaring air traffic and passenger growth. Construction work is set to begin in 2014 and expected to be completed by 2018. This project to cost over $ 425 million will be carried […]

Morocco: Bill regulating use of Cryptocurrencies is ready, BAM Governor reveals

The bill to regulate the use of cryptocurrencies in Morocco is ready, announced the Governor of the Central Bank (Bank Al-Maghrib- BAM), Abdellatif Jouahri. Speaking at a press briefing following BAM’s 4th and final quarterly meeting of 2022, Jouahri stressed that the draft to put in place a proper regulatory framework is ready. “For cryptocurrencies, […]