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Morocco’s 2022 draft budget foresees 3.2% growth, 5.9% budget deficit
Morocco’s government has unveiled the headlines of its budget draft bill forecasting a budget deficit of 5.9% of GDP and a growth rate of 3.2%. Speaking to the press following a government council, finance minister Nadia Fettah Alaoui and minister in charge of the budget reiterated the commitment of the government to foster the social […]
Morocco launches rehabilitation program for flood-affected areas
The Moroccan government has launched a $258,69 million rehabilitation program for areas in the southeast of the Kingdom severely impacted by recent floods. The initiative, launched in implementation of the instructions of King Mohammed VI, is meant to address the impact of the unprecedented rainfall that has resulted in significant human losses and extensive damage […]
Mauritania cancels Chinese patrol boats deal amid U.S. sanctions pressure
The Mauritanian Government cancelled a contract with a subsidiary of the Chinese state-owned conglomerate Poly Group for the sale of patrol boats, following mounting pressure from the United States, according to a report by Africa Intelligence. The subsidiary, Poly Technologies, has been sanctioned by the U.S. Treasury Department for its alleged support of Russia’s war […]



