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Egypt’s current account deficit narrows amid surge in remittances, tourism revenue

Egypt’s current account deficit narrowed significantly to $13.2 billion during the first nine months of the 2024/2025 fiscal year, down from $17.1 billion a year earlier, the Central Bank of Egypt announced on Tuesday, July 22. This improvement was driven primarily by an 86.6% surge in remittances from Egyptians abroad, reaching $26.4 billion, and a […]

Tunisia follows Egypt and launches Tamarud

After Egypt’s Tamarud campaign was made a succes with the intervention of the military, Tunisia’s opposition activists have decided to begin a similar move against the coalition government led by Ennahda. They have vowed to start collecting signatures to end the government’s mandate. The spokesman of Tamarud Tunisia, Mohamed Bennour told reporters at a press […]

Algeria: constitution and administrative reforms

After Abdelmalek Sellal’s resignation as the Prime Minister at the beginning of the month to head the campaign of President Bouteflika, hints have begun to emerge over the possible reforms to be undertaken if the latter stays in power. Constitutional and administrative reforms are high on the agenda while efforts to attract investment will be […]