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Libya: promoting olive production
Libya is now focusing on olive to compete with its neighbors in the region in a move to diversify its economy which depends on oil. The country is the 12th largest olive oil producer in the world, accounting for 0.25% of the global production, according to the United Nations Food and Agriculture Organization (FAO). Speaking […]
World Bank: Morocco’s economy to grow by 3.2 % in 2022
The Moroccan economy is expected to grow by 3.2 percent in 2022 against 5.3 pc growth recorded the previous year, says the World Bank in its latest Global Economic Prospects report. Morocco’s output is expected to slow this year from the previous year’s rebound as the Kingdom’s agricultural performance returns to historical averages after the […]
Morocco seeks to replace $3.7 bln of imports with locally made goods
Morocco seeks to curb the imports bill by 34 billion dirhams ($3.7 bln), as part of measures to promote local production, head of the government Saad Eddine El Othmani said. The measure will help cut the cost of imports from 183 billion dirhams to 149 billion dirhams by 2023, he told MPs. Within the context […]



