Antonio Guterres

IMF: Algeria Still Undergoes Major Difficulties Due to Lower Oil Prices

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 […]

PSA Group’s Morocco Plant to Release First Vehicle in April 2019

PSA Group’s factory announced that its plan is going according to schedule with first car to be released in April 2019. In 2017, the French car manufacturer launched construction works of its plant at the free zone of Kenitra, located at some 40 km to the north of Rabat, with the aim of reaching an […]

Sudan: UN raises alarm over surge in sexual violence as war enters third year

The United Nations has condemned the alarming scale of sexual violence unfolding in Sudan’s conflict, as the war between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) enters its third year. Marking the International Day for the Elimination of Sexual Violence in Conflict on Thursday, June 19, the UN’s acting Resident and […]