WB vice-president for MENA Ferid Belhaj & El Othmani

Algeria Secures Italian Supply Deal as Foreign Exchange Reserves Dwindle

Algeria which has suffered a sharp decrease in oil revenues is seeking desperately to fill in its coffers with an Italian supply deal. The country’s state-owned Sonatrach and Italy’s energy company, Eni, inked a deal to supply Italy with 10 billion cubic meters of natural gas annually. The gas will be channeled through the Transmed […]

Tunisia to freeze salaries, recruitment in public sector for next three years – local NGO

Tunisia has pledged to the International Monetary Fund (IMF) to freeze salaries and recruitments in public sector from next three years until 2024, local powerful NGO I Watch has revealed, citing a leaked document about the ongoing negotiations for a loan between the North African country and the Washington-based lender. Tunisia is talks with the […]

Morocco significantly lowers coronavirus mortality rate

Morocco has adopted pro-active measures without dragging its feet adopting economically painful measures that helped curb the spread of the coronavirus and lower the mortality rate to 3.9%, one of the world lowest. The number of recoveries is on the rise with 1055 people leaving hospital by May 1 amid 4529 patients while the number […]