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Tunisian President looks to taxes to shun IMF bailout

Tunisian President Kais Saied is set to reject IMF conditions for a $2 billion loan and looks instead to raise taxes on the wealthy to fill in drained state coffers, in yet a new populist move that has little effect on the country’s soaring external debt and due payment deadlines. Saied who has consolidated his […]

Morocco Tops North African Countries in Sustainable Economic Development

Morocco has ranked first in North Africa and third in the continent in terms of sustainable economic development, said the London-based Mo Ibrahim Foundation. Sustainable economic development has enabled Morocco to improve its economic governance notes the 2016 Ibrahim Index of African Governance (IIAG) which rates 54 African nations against criteria such as security, human […]

SSO: $24 million funding needed to preserve oases in North African countries

A regional conference on the promotion of oases in North Africa and Mauritania held in Tozeur, Tunisia, last week underlined that $24 million funding was needed to preserve the green areas in the region desert. Participants in the conference, recognizing oases as a historical, cultural, environmental, civilizational, national and international heritage that must be preserved, […]