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Morocco revises downward 2019 growth to 2.9 pct

Morocco said its economy will grow by 2.9% in 2019 after 3% in 2018 as the economy continues to be affected by agricultural output, according to finance minister Mohamed Benchaaboun. Rainfall was about 23% less this year compared with 2018, so cereals yield was down 50% compared to a year earlier further deepening the trade […]

Morocco, KSA explore new investment prospects

A high-ranking economic delegation led by the President of the Federation of Saudi Chambers, Hassan bin Mujeb Al-Huwaizi, is currently on a visit to Morocco to explore new investment prospects in the North African country. The visit is part of the strengthening of economic ties between Morocco and Saudi Arabi, and aims to identify new […]

Dim prospects for Tunisian economy as President Saied cuts ties with IMF

Tunisia’s President Kais Saied has suspended ties with the IMF after shunning the reforms it conditioned for a lifeline deal that could have made it easier for Tunisia to access foreign loans. The failure of the $1.9 billion offered by the IMF in exchange for reforms puts Tunisia in an uphill battle to access funding […]