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EU to invest €1.6 billion in Morocco as part of its Global Gateway strategy
The European Union will invest €1.6 billion in Morocco to promote the green and digital transition. This investment is part of the new European strategy, called Global Gateway, launched last December. The European Union will invest €1.6 billion (more than 17 billion dirhams) in Morocco. The announcement was made this Wednesday, February 9, 2022, by […]
Drought worsens Morocco’s unemployment rate to 13.1%
Morocco’s unemployment rate surged to 13.1% on the back of persisting drought in the first half this year, compared with 12.4% the same period last year. Youth unemployment, in particular, soared to 36%, with 19% reported among degree holders, the high commission for planning HCP said. The total number of the unemployed in Morocco grew […]
US urges Tunisia to reach deal with IMF to avoid collapse
US Secretary of State Antony Blinken urged Tunisia to speed up efforts in order to reach a deal with the International Monetary Fund that would spare it economic collapse. “The most critical thing they can do on the economic side is actually get an IMF agreement,” Blinken said at a senate hearing in a statement […]



