Algeria’s public finances are under mounting pressure after a dramatic drop in budget revenues in 2024, driven by falling hydrocarbon income and sluggish non-oil tax collection, according to the Bank of Algeria’s. Total budget revenues fell by 22.66% year-on-year, with hydrocarbon revenues plunging by 31.13% and non-hydrocarbon revenues declining by 13.50%, the Bank said in […]
The UN Secretary-General António Guterres on Saturday warned the Polisario separatists against obstructing regular civil and commercial traffic in the Guerguerat buffer zone, in reaction to the front’s recent moves in the town on the Morocco-Mauritania border. In a statement on behalf of UN Chief, his deputy spokesperson Farhan Haq said that the UN has […]
The transition authorities in Guinea have commissioned a cabinet market analysis to launch a new national carrier, 20 years after Air Guinée has gone bankrupt, Africa Guinee reports. Bernard Goumou, the Prime Minister of the West African country, has instructed the ministers of transport, finance, foreign affairs and budget to analyze the establishment of the […]
