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Libya’s Central Bank announces provision of over $3 billion to resolve liquidity crisis
The Central Bank of Libya (CBL) has unveiled a significant initiative aimed at bolstering the country’s banking sector by allocating 15 billion dinars (over 3 billion USD) to all operational banks in the coming months. This distribution is set to be implemented across all bank branches throughout Libya. This announcement followed a crucial meeting held […]
Remittances from Moroccan expatriates resilient in 2020 but only 10% invested
Remittances from Moroccans living abroad rose 5% to stand at 68 billion dirhams (7.5 billion dollars) despite the pandemic, but finance minister said only 10% of these transfers were invested. Most of the investments of Moroccans abroad went to real estate, finance minister Mohamed Benchaaboun told Moroccan employers association (CGEM). A part from 15% that […]
Morocco heading towards lifting some restrictions on abortion
Morocco is about to reform the law on abortion by legalizing the procedure in case a pregnancy is the result of rape or incest, in case the pregnancy endangers the mother’s life or if the fetus presents deformities. The move is the result of consultations held at the instructions of King Mohammed VI after the […]



