Fitch agency has awarded Morocco ‘BB+’ rating consolidated with a stable outlook thanks to the country’s sound macroeconomic policies that has supported resilience to shocks, a favorable debt composition and a comfortable external liquidity buffer. Economic growth slowed in 2022 to 1.2% from 7.9% in 2021, as agricultural output contracted by 15% due to a […]
The Executive Council of the World Tourism Organization (WTO) opened on Wednesday in Marrakesh a three-day meeting to discuss the post-covid 19 challenges facing tourism amid high inflation and soaring energy prices, aggravated by the Russia-Ukraine war, which triggered a global energy crisis. Over 250 representatives of UNWTO member countries, including tourism ministers, public or […]
India has halted all production at Maiden Pharmaceuticals’ main factory near New Delhi after a WHO report that the company’s cough syrups exported to the Gambia may be linked to the deaths of dozens of children there. The recent incident which has claimed the lives of 69 children, according to WHO, has come as a […]
