IMF

Central Bank cuts interest rate to boost economic activity amid drought, coronavirus fears

The Central Bank cut its benchmark interest rate to 2% to boost economic activity, which, like elsewhere in the world, is expected to reel under the impact of the coronavirus outbreak. Drought has complicated the outlook for Morocco, which expected a contraction of agricultural output plunging growth to 2.3%, according to the central bank. The […]

Italy threatens Tunisia to suspend cooperation fund over illegal immigration

Italy has conditioned release of cooperation funds to Tunisia to efforts by the North African country to stem illegal migration from its coasts, Webdo Tunis reports. Foreign Minister Luigi Di Maio Tuesday told media that Italy has not reported any arrival of migrants from Tunisia since his last trip to the North African country. “There […]

Mali: Russia’s Lavrov holds talks with junta leaders as UN mission’s HR chief expelled

Russia’s Foreign Minister Sergei Lavrov arrived in Mali Tuesday (7 February) for talks with its junta leaders who only two days earlier ordered the rights chief with the UN peacekeeping mission in the country to leave for expressing views against Russia’s Wagner Group in Mali. Lavrov’s visit of fewer than 24 hours will be his […]