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Tunisia cuts 2020 growth forecast, eyes new IMF deal

Tunisia expects a growth rate of just 1% this year, compared with the 2.7% envisaged in the 2020 budget, and plans to seek a new loan deal with the International Monetary Fund (IMF). Tunisian Prime Minister, Elyess Fakhfakh, who made the announcement on Sunday said his government has slashed the country’s economic growth forecast for […]

Libya urges China to hold joint economic Forum

The Minister of Economy and Trade of the Government of National Unity (GNU) based in Tripoli, one of Libya’s two rival Governments, Wednesday November 29 called on China to hold a joint economic Forum that would include business owners and companies from the two countries, in addition to an exhibition of Chinese industries and products […]

Coronavirus hits finances of Morocco’s private clinics, pharmacies

Revenue of Morocco’s private clinics and pharmacies dropped significantly, as many patients shun medical treatment over coronavirus fears. Head of Morocco’s private clinics association, Redouan Semlali, said revenue for most clinics dropped by 60 to 85% over the last two months with losses estimated at 100 million dollars. Quoted by L’economiste daily, Semlali said Damane […]