Despite deepening political crisis and growing social woes, the Algerian authorities continued their spree spending on weaponry instead of funding socioeconomic development projects. With a total of $9.6 billion in 2018, Algeria had by far the highest military spending in Africa, says the Stockholm International Peace Research Institute (SIPRI) in latest report. The rich oil-gas […]
The Moroccan government requested the approval of the parliament to increase its budget by an additional $1 billion or 10 billion dirhams to meet rising expenditures, Moroccan economic media reported. The funds are needed to bolster the budget amid an inflationary context marked particularly by drought and reforms. In this respect, 4 billion dirhams of […]
The “mutually beneficial” partnership existing between Spain and Morocco is “an example to be followed by other countries in the region,” said Spanish Foreign Minister José Manuel Albares. The Spanish official said, on the sidelines of a Forum he was attending in Santa Cruz de Tenerife, that ties between the two countries are based on […]
