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Libya: GNA’s Rival HoR Mired in Corruption Scandal
Libya’s internationally recognized parliament, the House of Representatives (HoR), opposed to UN-backed Government of National Accord (GNA) has found itself gripped by a corruption scandal for mismanagement of the institution’s funds. HoR’s President Ageela Saleh is not spared by the accusations which follow a report by an auditor, reported the Libya Herald. A number of […]
IMF confirms Morocco’s favorable economic prospects, calls for more reforms
The International monetary fund said Morocco could post a growth rate of 4.5% in 2024 from 3% in 2018 if it continues on path of reform and inclusive growth. “Morocco’s medium-term prospects remain favorable, with growth expected to reach 4.5 percent by 2024” the IMF said in a report following Article IV consultations. The North […]
Some 38% of Moroccan enterprises reduced staff due to pandemic
The pandemic and the restrictive measures related to it have taken a toll on Moroccan firms with 38% having been forced to cut staff while 8% have suspended activity waiting for better conditions, Morocco’s statistics agency (HCP) said. Some 83% of all enterprises maintained business despite Covid-19 while 2.2% halted activity all together, the agency […]



