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Morocco’s 2024 budget forecasts 3.7% growth, fiscal deficit at 4%
The Moroccan government expects an economic growth of 3.7% and a narrowing of the fiscal deficit to 4% next year, according to a draft buddget that was approved by a ministerial council chaired this Thursdau by King Mohammed VI. The earthquake that struck on Sept 8 had no impact on the macro-economic assumptions of the […]
UN Resoundingly Rejects Trump’s Declaration of Jerusalem Capital of Israel
A decisive vote in the UN General Assembly has further isolated the US in the international community. The vote of 128 against nine, with 35 abstentions and 21 countries not voting, has been received in Washington as a stinging rebuke for Trump and a rejection of his unilateral declaration of Jerusalem as a capital of […]
IMF urges Egypt to cancel low-interest loans initiatives as talks enter final phase
The International Monetary Fund (IMF) is calling on Egypt to cancel all low-interest lending initiatives including loans for small- and medium-sized enterprises (SMEs) and businesses operating in the tourism and mortgage sectors, three government sources who asked not be named told Al-Sharq business. The Washington-based institution told the central bank to cancel all low-interest initiatives, […]



