The coronavirus has imposed the need for an amendment of the budget law that will gear focus to education, health, social protection and digital transformation. A cabinet meeting was chaired in this respect Wednesday by head of the Government Saad Eddine EL Othmani to discuss the broad line of the new appropriation bill. The restrictive […]
Four issuers in Tunisia have been affected by a recent review exercise for new ratings. Fitch Ratings said it carried out the review due to a recent recalibration of the Tunisian National scale in a released statement. The recalibration of the Tunisian National scale follows Fitch Ratings downgrade of Tunisia’s sovereign rating and country ceiling […]
Egypt’s House of Representatives approved on Monday, December 2, a Memorandum of understanding (MOU) with the European Union, securing a €1 billion financial support mechanism aimed at stabilizing the Egyptian economy and bolstering the national budget, according to the Ministry of Planning, Economic Development, and International Cooperation. This funding is part of a broader €7.4 […]
