The Democratic Republic of Congo, DRC, has increased by 300 per cent its defense budget for 2023 to $1 billion in view of “ramping up the power of the armed forces and to revamp military industry”. The defense budget accounts for 10.4 per cent of the total budge put at $14.6 billion. This budget […]
Huge financial challenges lie ahead according to Finance Minister Slim Besbes with estimations pegged around 7 billion dinars. The country is struggling to stand on its feet and it is hoping to raise the amount through loans and aids. The economy and revenue earning ventures are suffering from the effects of the revolution and the […]
The World Bank has tied allocation of a loan to Tunisia to a number of conditions including the appointment of an economist as Premier, the Washington-based bank’s Vice President for Middle East and North Africa Ferid Belhaj, who was on a visit to Tunis this week, has revealed. Tunisia has been without a Prime Minister […]
