The World Bank has urged Mauritania to adopt decisive reforms to safeguard macroeconomic stability and promote more inclusive and sustainable economic growth. In a statement shared on social media, the Bank stressed the critical need for economic diversification, highlighting the overreliance on the mining sector as a major vulnerability. It recommended that revenues from mining […]
Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the deposit base is positive for Morocco’s economic development because deposits represent about 70% of banking sector funding. “We expect growth of participation banks in Morocco will be high initially, as […]
The sovereign debt crisis is often being called the mother of all problems, especially those with no-win solutions (or double-win of any sort for that matter). The consequences of the European sovereign debt crisis, touched off by Europe’s weakest economies in 2011, have been piecemeal yet deep and noticeable far beyond the EU’s borders. As […]
