loi-de-finance-2020

King Mohammed VI Entrusts PJD Leader with Forming New Govt

King Mohammed VI of Morocco received on Monday Abdelilah Benkirane, Head of the moderate Islamist Party of Justice & Development (PJD), and appointed him Head of Government following the party’s victory in last week’s parliamentary elections. The Moroccan Sovereign also entrusted Mr. Benkirane with the task of forming a new government as stipulated by the […]

Chinese Workers in Algeria Protest against Unpaid Wages

Chinese workers at GAEA construction company staged a sit-in in Oran to demand the payment of their wages and urged President Abdelaziz Bouteflika to intervene. GAEA has been doing business in Algeria since 2008. It has asked the Algerian development company Chaabane Belazzoug to pay up to $1.6 million, but the company has ignored the […]

Morocco to Tap International Bond Market in 2019

Morocco will issue an international bond in 2019 said governor of the Central bank Abdellatif Jouahri, adding that the country may consider the renewal of the IMF precautionary liquidity line which expires this year. Jouahri was speaking to the press at a regular press conference in which he announced that the Central bank maintains its […]