Libyan Sarraj and haftar

IMF Urges Tunisia to Cut Fuel Subsidies

The International Monetary Fund (IMF) urged Tunisia to cut fuel subsidies and trim its public-sector payroll in a bid to lower budget deficit. “It is necessary to reduce unfair energy subsidies through increases in domestic energy prices that follow international oil prices,” the IMF said in a statement. “The public-sector wage bill is very large […]

Morocco Advances Its Blue Economy Strategy Toward Final Approval

Morocco has taken a further step toward finalizing its National Blue Economy Strategy (SNEB), with the Ministry of Economy and Finance’s Blue Economy Development Program Management Unit convening public and private stakeholders for “Blue Lab II,” a consultation meeting aimed at consolidating the roadmap before its presentation to the relevant interministerial commission. The event, held […]

Libyan Cent Bank chief quits Libya to flee militias

Libya’s central bank chief Sadiq al-Kabir said he and other senior bank employees had to flee the country to protect their lives from militias. Few days ago, the bank suspended activity after a senior official was kidnapped by militias. Disrupted central bank activity, which controls billions of hydrocarbons money, has forced oil production to shutdown […]