Koutoubia marrakech

Libya Devalues Dinar by 14.7% Amid Falling Oil Revenues and Fiscal Strain

Libya’s central bank devalued the dinar by 14.7%, citing declining oil revenues and mounting economic pressures. The decision followed deliberations at the bank’s first board meeting of 2026, held last week, and was based on recommendations from the Monetary Policy Committee. Following the adjustment, the exchange rate was set at 0.1150 Special Drawing Rights (SDR) […]

Why Algeria and the Polisario inflate number of Sahrawis in Tindouf camps

For decades, Algeria and its creation, the Polisario, have been inflating the numbers of the people held in the South-Western Algerian camps while preventing the UN from carrying out a head-count and maintaining a media blackout on human rights there.   Algeria and the Polisario speak of 165,000 people in the camps and stress on […]

Morocco expects to leave FATF grey list in 2023

Morocco is poised to leave the grey list of the Financial Action Task Force (FATF), a move that will facilitate Morocco’s access to international debt market and improve its sovereign rating, central bank governor said. The bank hiked its benchmark interest rate by 50 basis points to 2.5% as it expects inflation to surge to […]