BCIJ

Tunisia raises 700 million euros on Eurobond market to fund 2019 fiscal budget deficit

Tunisia Wednesday said it succeeded in raising 700 million euros on the financial bond market with an interest rate of 6.37 per cent as it sought to borrow money to cover its 2019 fiscal budget deficit. The ministry of finance in a statement said the North African country will reimburse the bond over seven years. […]

Sahara: UN Chief confirms Morocco’s commitment to ceasefire

UN Secretary General Antonio Guterres has underlined Morocco’s strong commitment to the ceasefire and full cooperation with MINURSO, citing logistical, medical and security supports provided by the Kingdom to the UN mission and its demining operations. In his report submitted recently to the UN Security Council on the Sahara, Mr. Guterres reiterated “Morocco commitment to […]

Morocco’s GDP to grow 2.9% in 2022, planning agency says

Morocco’s economic growth will stand at 2.9% in 2022 after 5.8% expected this year, the planning agency said, noting that next year’s forecast is based on an average cereals yield. This year’s forecast is based on indicators of an improvement in domestic and foreign demand amid positive prospects for the mining, industrial and construction sectors, […]