Algeria continues to face important challenges posed by lower oil prices, says the International Monetary Fund Executive Board after concluding Article IV consultation with the North African country. Economic growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016, partly under the effects of spending cuts. Inflation increased from 4.8 percent in 2015 to […]
A ministerial delegation has arrived in Al Hoceima Monday to inspect the progress made in social and economic projects that were launched in the region in a bid to defuse tension and speed up the pace of the projects completion, le360 news website reported. The delegation landed in AL Hoceima in the wake of a […]
The first phase of Morocco’s waterway, connecting the water-rich Sebou Basin with the drought-hit Oum Rbia area, will be operational this summer to ensure steady supply to some 12 million people, Morocco’s water minister said. Speaking to MPs, minister Nizar Baraka said at a first phase, water will be channeled through 67km from Sebou basin […]
