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A large economic delegation from Malawi visited the Saharan city of Laâyoune to explore business opportunities in the Laâyoune-Sakia El Hamra region and examine ways of strengthening bilateral cooperation in various fields. The visit comes as part of Malawi’s economic promotion week in Morocco (December 09-13), which aims to promote the country’s economic potential in […]
Libya to remove oil and food subsidies
Oil minister Al Arusi has announced that they will be joining the campaign against the sensitive fuel market reforms and will also be scrubbing off oil subsidies, which take more than 10% of the budget, before the end of 2016. The decision to remove fuel subsidies on all types of fuel is blamed on smuggling […]
Morocco: IMF Commends Sound Economic Policies, Recommends structural reform efforts
The executive board of the International Monetary Fund (IMF) commended Morocco for its “sound” macroeconomic policies and reforms while stressing the need for structural reform efforts. “Executive Directors commended the authorities for the sound macroeconomic policies and reform implementation that have helped improve the resilience of the Moroccan economy, upgrade the fiscal and financial policy […]


