At least US$1 billion will be needed urgently to avert famine in Somalia in the coming months and early next year, the UN humanitarian chief Martin Griffiths predicted on Tuesday (6 September). Speaking from Somalia’s capital Mogadishu, he said that, according to a new report from an authoritative panel of independent experts, there will be […]
Tunisia’s president Kais Saied extended his power grab to the central bank, undermining the independence of the monetary policy in a country that suffers from an aggravating fiscal and economic crisis. Saied made the statement as he seeks direct financing of the state budget by the central bank, a move many economists warn would further […]
Hungary plans to beef up its economic ties with Morocco through investments worth $600 million in the North African country in the coming years, said Hungarian Deputy Minister for economic diplomacy, Levente Magyar. The announcement was made in a statement to the press following the 3rd Joint Economic Committee held in Rabat. The Hungarian Minister […]
