Plummeting oil prices and dwindling revenues prompted the Algerian government to adopt austerity measures including tax hikes and subsidies cuts leading to protests, notably in the restive south and northeast of the country. Algeria, which has nurtured a system based on generous handouts to the population taking the form of subsidies to fuel, electricity, housing […]
Morocco is to launch in the course of this year an international borrowing of €1 billion, to be followed by another one of the same amount in 2020. This loan is provided for in the 2019 Finance Law. A roadshow will be conducted in the coming weeks to mobilize investors for both operations, reported Media24 […]
Morocco’s Central Bureau of Judicial Investigation (BCIJ) and Spanish National Police have dismantled a four-member terrorist cell this Wednesday (Dec.4). The four individuals were arrested during a joint operation with the Spanish National Police. Three suspects, aged between 24 and 39, were arrested in Ferkhana and Bni Nsar in the Northeastern province of Nador. One […]
