The Moroccan government requested the approval of the parliament to increase its budget by an additional $1 billion or 10 billion dirhams to meet rising expenditures, Moroccan economic media reported. The funds are needed to bolster the budget amid an inflationary context marked particularly by drought and reforms. In this respect, 4 billion dirhams of […]
The sovereign debt crisis is often being called the mother of all problems, especially those with no-win solutions (or double-win of any sort for that matter). The consequences of the European sovereign debt crisis, touched off by Europe’s weakest economies in 2011, have been piecemeal yet deep and noticeable far beyond the EU’s borders. As […]
The small African nation of Burundi is appealing for aid to help address the havoc left by floods that affected hundreds of thousands. The Burundi government estimates the floods have affected 203,944 people, with 19,250 homes and 209 classrooms destroyed. The number of people internally displaced by flooding rose by 25%, reaching over 98,000, according […]
