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Algeria: Minister of Industry Cited in “Panama Papers” Scandal

Algerian Minister of Industry, Abdesslam Bouchouareb has been cited in the Offshore Financial scandal revealed on Sunday by the International Consortium of Investigative Journalists (ICIJ.) Bouchouareb is so far the only Algerian leader to be leaked. According to ICIJ’s cache of 11.5 million records, the Algerian minister owns an offshore company in Panama known as […]

Algeria: European Parliament denounces human rights abuses, calls for the emergence of civilian-ruled Algeria

The European Parliament adopted this Thursday by an overwhelming majority an emergency resolution whereby it denounces the violations of human rights in Algeria and the deterioration of freedoms. The resolution, adopted by an overwhelming majority of 669 votes in favor, 3 against and 22 abstentions, also calls for “the emergence of a democratic Algeria ruled […]

Morocco: Government expects growth to improve to 4.5% in 2023

The Moroccan government is elaborating a budget bill forecasting growth at 4.5% in 2023 after 1.5% in 2021, assuming an average agricultural output. Growth has decelerated in 2021 as the country faces the worst drought in decades, coupled with imported inflation pressures affecting the trade balance due to higher energy imports. The 2023 growth forecast […]