Sudan TMC leader Abdelfattah Burhan & Sisi

Can Jomaa’s Caretaker Government Deliver Economic Reform?

When Mehdi Jomaa assumed the role of Tunisia’s interim Prime Minister in late January, he did not know how disastrous the true economic condition of his country was. He admitted it roughly a month later during a televised interview by saying that the hole in the budget deficit was about 4 billion dinars (2.5 billion […]

Morocco’s Central Bank raises rates to 2% to fight inflation

Bank Al-Maghrib, Morocco’s central bank, decided Tuesday to increase its key interest rate by 50 basis points to 2 percent and to continue to monitor closely the economic developments, both nationally and internationally, and in particular, the evolution of inflationary pressures. The decision was made by the Bank’s Board after having analyzed the international economic […]

Libya: Leon replaced by Kobler, oil payment dispute resurfaces

U.N Secretary General Ban Ki-moon confirmed on Wednesday that veteran German diplomat, Marti Kobler, who has more than 30 years of experience in senior positions in the German government and the UN, will replace Bernadino Leon as his Special Representative and Head of the UN Support Mission in Libya (UNSMIL). Kobler is to replace Leon […]