Several experts wonder whether Moroccan banks and businesses operating in Tunisia will leave or halt operations in response to President Kais Saied’s premeditated, hostile and unjustified provocative action against Morocco. It is inconceivable that Moroccan financial and services companies, which employ thousands of people in Tunisia, will continue making business as usual amid a serious […]
Simon Kuznets’ inverted U-shaped curve representing the hypothesis that with economic growth country’s inequality level initially increases and then decreases after reaching certain average income level has not yet found much support among the MENA economies. The MENA region has traditionally belonged to the most equal parts of the developing world as supported by the […]
Fitch agency has awarded Morocco ‘BB+’ rating consolidated with a stable outlook thanks to the country’s sound macroeconomic policies that has supported resilience to shocks, a favorable debt composition and a comfortable external liquidity buffer. Economic growth slowed in 2022 to 1.2% from 7.9% in 2021, as agricultural output contracted by 15% due to a […]
