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Morocco’s central bank keeps key borrowing rate unchanged at 3%, sees growth at 3.2% in 2024

Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]

Tunisia: Draft of new Constitution to be unveiled today; protests calling for referendum boycott continue

The draft of Tunisia’s new Constitution to be put to referendum in July is expected to be unveiled this Monday, while protests calling for the referendum boycott are continuing. The draft will be presented to President Kais Saied, law expert Amine Mahfoudh said Sunday, according to Webdo Tunis. The constitutionalist is member of a national […]

TunisAir beefs up fleet with new passenger jet

Tunisia’s national carrier acquired Monday a new aircraft, Airbus A320-200, as part of the airline’s plans to revamp its fleet. The acquisition is the result of a lease contract. The jet was formerly used by Bahrain’s carrier Gulf Air. In a statement, the carrier also announced the future acquisition of four other aircrafts under the […]