Algeria-economic & politicl crisis

Vision 2030 to Make KSA Live Without Oil, Prince Mohammed

Deputy Crown Prince Mohammed bin Salman announced Monday a large-scale reform plan dubbed Vision 2030 meant to restructure the kingdom’s economy and ministerial departments, reform the educational system, and give long term residency permits to foreigners, among others. Yet, the most outstanding announcement he made is the creation of a $2 trillion Sovereign Wealth Fund […]

Aftermath of Algeria’s show elections

Nearly a week after Algeria’s show election, the electoral committee still has not offered accurate figures on the results and turnout. The elections were marked by a large-scale indifference of the 24.5 million Algerian registered voters, with only 5 million- mostly those who benefit from state rent- casting ballots. Authorities said Tebboune won by 94%. […]

Too early for accurate figures on coronavirus impact on Moroccan economy- PM says

Head of the Moroccan government said it was too early for accurate figures on the repercussions of the coronavirus on the Moroccan economy noting that a review of the appropriation bill is not possible in the absence of precise indicators. The IMF however has said the Moroccan GDP will contract by 3.7% while the high […]