Morocco’s budget deficit remained within manageable limits during the first half of 2025, despite an increase in public spending, according to new figures released by the General Treasury of the Kingdom (TGR). As of the end of June, the deficit stood at 24.8 billion dirhams, a level consistent with the targets set in the 2025 […]
Standard & Poor’s has downgraded again the credit rating of Senegal from B- to CCC+, deepening the country’s position in junk territory amid the $ 7 billion hidden debt scandal and the $ 747 million borrowed secretly by Dakar through Total Return Swaps (TRS) to keep up appearance and hide its alarming financial situation. The […]
Morocco’s capital city, Rabat, has been added to the list of the Islamic world heritage during the 11th Islamic conference of Culture Ministers convened in Tunis Dec.17-18 by the Islamic Educational, Scientific and Cultural Organization (ISESCO). It is a recognition of the historic and civilizational status, which Rabat boasts under the leadership of King Mohammed […]
