Strategies are needed to avoid debt crises that developing nations are currently facing, including the urgent need to find as much as $2.5-trillion over five years to meet external debt-service costs as interest rates rise and poorer countries struggle to refinance borrowings, according to a recent study. The findings published by the Bill & Melinda […]
It is true that in times of crisis and disasters, people come together, comfort each other and unite against common threats. In Morocco, the coronavirus pandemic has triggered unprecedented acts of solidarity, and generosity, bringing out the best of Moroccan people. As most Moroccans are staying at home to prevent the spread of Covid-19, the […]
Fifty-five members of Libya’s House of Representatives (HoR) strongly criticized the recent devaluation of the dinar, arguing that the move fails to address the root causes of the country’s deepening economic crisis. The lawmakers stressed, in a joint statement issued on Wednesday, that adjusting the exchange rate or increasing the dollar price would not resolve […]
