The International Monetary Fund has urged Libyan authorities to prioritize spending through an approved and unified 2025 budget to prevent pro-cyclical expenditure and enhance resource management. The IMF announced on December 10 that Libya’s recovery in oil production has led to an upward revision of the country’s GDP growth forecast for 2025. In its report […]
A Moroccan MP delegation took part in the 19th Winter Meeting of Parliamentary Assembly of the Organization for Security and Cooperation in Europe (OSCE PA) held in Vienna Feb.20-21. During the gathering, the Moroccan MPs discussed with OSCE members and partners several issues related to migration & security, the fight against terrorism & extremism, human […]
Credit rating agency Moody’s downgraded Tunisia’s credit rating to B2 against the backdrop of deteriorating fiscal situation, complicating the government’s plans to borrow from international lenders. Moody’s cut Tunisia’s rating by one notch to B2– five levels below investment grade and on a par with Argentina, Nigeria, Cameroon and Kenya. Moody’s rating downgrade will complicate […]
