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Tunisia’s Central Bank holds key rate at 8%

The Central Bank of Tunisia (BCT) announced on Saturday December 28 its decision to maintain the key interest rate at 8%, following a meeting of its board of directors. This decision reflects the Bank’s cautious approach to stabilizing the economy while carefully navigating inflationary pressures and broader economic uncertainties. In its official statement, the BCT […]

Algeria postpones visit of Spanish FM to protest Spain’s support for Morocco

Algerian foreign ministry unilaterally postponed a planned visit by Spanish foreign minister Arancha Gonzalez in what appears as a reaction to Spain’s support for the Moroccan position on the Sahara issue. Spain has recently taken stands that Morocco welcomed and has abstained from expressing support to the referendum option for the area, which the UN […]

COVID-19: Morocco bans New Year’s Eve celebrations, adopts other precautionary measures

The Moroccan government announced, on Monday, a ban on New Year’s Eve celebrations, as part of a set of measures to curb the spread of the COVID-19. Besides banning all New Year’s Eve celebrations, the measures also include banning the organization of parties and special events in hotels, restaurants, and tourist establishments. Restaurants and cafes […]