ecowas

Morocco’s customs report record $13.2 bln revenue in 2023

Morocco’s customs revenue hit a milestone of 13.26 billion dollars last year, up 1.2% from a year earlier, offering a boon for an expansionary state budget. The performance came on the back of higher custom duties as well as taxes on manufactured tobacco, the customs administration said. The record was 1.59 billion dirhams higher than […]

Morocco’s trade deficit narrows on lower energy imports

Morocco’s trade deficit shrank 6.5% as the country’s energy imports dropped 20%, Morocco’s foreign exchange office said. Energy imports stood at 69 billion dirhams, offsetting a drop in phosphates and fertilizers exports by 40% to 40.8 billion dirhams, due to lower prices. State-owned phosphates and fertilizers producer said a few days ago its sales were […]

Tunisia: Kais Saied shakes up cabinet lineup

Tunisian President Kais Saied conducted Monday a slight cabinet reshuffle with the replacement of two ministers in the wake of an unpopular second round of legislatives. A statement from his office announced that Ali Boughdiri replaces minister of Education Fathi Selaouti while Abdelmonam Belati takes over the ministry of Agriculture from Mohamed Ilyes. The office […]