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Algeria risks bleak economic prospects in 2026 as Oil prices slump

Algeria’s state-led economic model faces growing vulnerabilities as global oil prices weaken and fiscal imbalances deepen, while diversification stalls. Latest IMF and World Bank assessments reveal a troubling mix of widening deficits, persistent unemployment, and distorted macro indicators that mask underlying fragility. The IMF projects average oil prices at $65.8 per barrel in 2026, down […]

Algeria: Zeroual being geared for presidency

Algeria’s former head of state from 1994 to 1999, Liamine Zeroual, has been tipped as a major contestant for the upcoming Algerian elections after pledges from different parts of the country continue to urge him to stand. He has not yet given a clue of his desires as he prepares to meet with the Movement […]

Lack of job opportunities push many Moroccans to informal economy- Central Bank

Fewer job opportunities meant that many people had to seek jobs at Morocco’s large informal economy leaving many young people in vulnerable conditions, the central bank said in its annual report. The coronavirus pandemic has revealed the scale of the underground economy, which showed that 5 million households, representing more than half the Moroccan population, […]