North Africa after the Storm: Five Lessons in Crisis Management

A year and a half after the start of popular protests in Tunisia, it may not be tedious to take some time out to assess what just happened. At present, events seem to slow down in the five North African countries which were significantly affected by the storm: Tunisia, Libya, Egypt, Algeria and Morocco. In […]

Fitch Ratings underscores Morocco’s macroeconomic stability, external liquidity buffers

Despite the coronavirus crisis impact, Morocco maintains macroeconomic stability, low inflation and a relatively comfortable level of foreign exchange reserves that act as external liquidity buffers, Fitch Ratings said. The agency affirmed Morocco’s long-term foreign-currency issuer default rating at ‘BB+’ with a Stable Outlook. Fitch Ratings however expects the government’s budget deficit to stand at […]

Libya: UN Condemns Killing of 12 Egyptians, 3 Libyans

UNSMIL Chief Martin Kobler Wednesday condemned the death of 12 Egyptians and 3 Libyans at Bani Walid the previous day following undetailed incidents. “I strongly deplore these terrible killings and call on those with authority on the ground in Bani Walid to ensure that the incidents are investigated and to prevent any further killings,” Kobler […]