tunisia-arms

Crisis-hit Algeria Earmarks 25% of its Budget to Defense

Despite announcing austerity measures to fend off an impending crisis, Algeria maintained its lavish spending on defense to which it earmarked 25% of its 2018 budget, that is equivalent to $10.4 billion. Whatever happens never reduce spending on arms. This seems the guiding principle of the military dominated Algerian state, which seems to turn a […]

EBRD expects Morocco’s growth to slow to 1.1 % in 2022 & rebound to 3.3 % in 2023

The European Bank for Reconstruction and Development (EBRD) expects Moroccan economic growth to decelerate to 1.1 per cent in 2022, before rebounding the following year thanks to the anticipated agricultural performance and return of other sectors to pre-pandemic levels. In its Regional Economic Prospects report released this Wednesday, the Bank says economic recovery in Morocco […]

Morocco’s efforts to preserve water resources highlighted in London at roundtable on water security

Morocco’s efforts to preserve water resources were highlighted in London Friday at a ministerial roundtable on water security in the context of climate change and the challenges of sustainable development. The issue of water and its preservation is at the heart of Morocco’s development strategy, said minister of energy transition and sustainable development, Leila Benali, […]