Morocco’s Economy and Finance Minister Mohamed Boussaid was selected Chairman of the Board of Governors of the Jeddah-based Islamic Development Bank Group (IDB) for a year. The tenure will end at the end of the 44th Council meeting, scheduled to take place in Marrakech in April 2019, said a statement from the Finance Ministry. Boussaid […]
Portugal’s Social Democratic Party (PSD), the leading party in the nation’s governing coalition, has reaffirmed its unwavering support for Morocco’s autonomy plan for Sahara. During a parliamentary session on Friday, PSD described the plan as “the most serious, credible, and constructive basis” to resolve the decades-long territorial dispute. The party emphasized that Portugal’s position leaves […]
The World Bank has warned that the rapidlyspreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years. The International lender’s Africa’s Pulse report released on Tuesday said the region’s economy will contract 2.1% to 5.1% from growth of 2.4% last year, and that the coronavirus […]
