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IMF commends Morocco’s tax reforms

The International Monetary Fund (IMF) commended Morocco’s tax reforms which enabled an enlargement of the tax base, narrowed the fiscal deficit and helped finance key reforms. “As a result, tax revenues in 2024 have been greater than expected. With only a small part of the additional tax revenues being saved, the central government’s deficit for […]

Libya’s Presidential Council to launch audit of oil & electricity contracts

The media office of head of the Presidential Council Mohammed Menfi has announced plans to establish a specialised Technical committee to inspect and audit contracts within Libya’s oil and electricity sectors. Acting in his capacity as head of the High Financial Committee, Menfi aims to review spending patterns and contractual obligations to ensure transparency and […]

Sudan: Prime Minister survives assassination attempt

Sudan’s Prime Minister Abdalla Hamdok survived this Monday an assassination attempt as a car bombing attack targeted his convoy in capital Khartoum and has been moved to a safe location. The family of the Prime Minister indicated he was safe after a blast targeted his motorcade, CGTN Africa reports. Images broadcast on regional TV channels […]