The Moroccan government has increased its general budget by 6.3% to about 62 billion dollars to meet increasing spending on social safety nets, earthquake reconstruction, job creation, and economic development. Speaking to members of Parliament, Finance Minister Nadia Fettah Alaoui said the government will also increase its public investment budget by 35 billion dirhams to […]
The European Bank for Reconstruction and Development (EBRD) has adjusted Egypt’s economic growth projection upward, anticipating a 4% increase in FY2024/2025, indicating a positive recovery trajectory. Growth for FY2023/2024 was revised to 2.7%, with GDP expansion expected to reach 3.2% in 2024 and 4.5% in 2025. Inflationary pressures have moderated, with inflation declining to 25.7% […]
The Tunisian Interior Ministry Tuesday announced security forces found a cache of weapons and ammunition in the town of Ben Guerdane, lying at the border with neighboring Libya. The cache included 29 Kalashnikov, 3 RPG rocket launchers and 130 machine guns, the ministry said in a statement. The security forces also found boxes for 9,520 […]
