Despite the coronavirus crisis impact, Morocco maintains macroeconomic stability, low inflation and a relatively comfortable level of foreign exchange reserves that act as external liquidity buffers, Fitch Ratings said. The agency affirmed Morocco’s long-term foreign-currency issuer default rating at ‘BB+’ with a Stable Outlook. Fitch Ratings however expects the government’s budget deficit to stand at […]
The Tunisian National Unit for Investigation into Terrorist Crimes Thursday said it thwarted a plot by a group of terrorists planning to contaminate security forces with novel covid-19. The spokesman for the National Guard, Houssemeddine Jebabli, said two takfiris (Islamists militants who often accuse their victims of being infidels) were arrested. The group leader, hailing […]
Members of a visiting Basque economic delegation said they were “surprised” and “impressed” by the quality of infrastructure in the city of Laayoune, expressing their keenness to examine investment prospects in the Moroccan Sahara, particularly in the sectors of fisheries and renewable energies. “We were surprised and impressed by the infrastructures that exist in […]
