RAM

Morocco to reduce public debt below 70%- Finance Minister

Morocco’s government debt is sustainable as efforts are ongoing to cut it further below 70% of GDP, finance minister Nadia Fettah Alaoui said. The minister made the remark during an interview on le360, following criticism by opposition MPs who warned of the risk of debt unsustainability. Debt to GDP ratio was brought below 70% this […]

Chocflation: Ghana mulls 100% cocoa price hike amid perfect storm of multiple crises

Ghana, the world’s second-largest cocoa producer, considers doubling farmgate price of the crop to combat smuggling amid a global shortage, as the country’s share of the whole sale market price shrinks to 16% from 44% in mid last year. The Ghana Cocoa Board and the country’s government are reportedly muling a significant increase — potentially […]

Morocco Beats Algeria in UN Fourth Committee Elections

After Morocco was unanimously elected Vice President of the 72nd General Assembly that will run from September 2017 to September 2018, another victory was registered by a Moroccan diplomat who was voted Vice-Chair of the politically sensitive UN General Assembly’s fourth Committee on decolonization. The Fourth Committee elected Yasser Halfouni of Morocco as the Vice-Chair […]