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Algeria has Long Way to Go to Counter Terrorism Financing- U.S. Report

The scale of the informal market in Algeria dominated by cash transactions make it hard to counter terrorism financing, the U.S. department of state said in a report. “Foreign exchange restrictions and distrust of banks push Algerians to cash transactions and informal currency-exchange markets,” the U.S. State Department said in the Country Reports on Terrorism […]

COVID-19: Morocco’s preventive measures are paying off

The strict preventive measures taken by Morocco to limit the spread of the COVID-19 virus, including the health emergency decreed on March 20, the nationwide lockdown, and the compulsory wearing of protective facemasks as of April 7, seem paying off as the rate of new cases recorded each day has levelled off to under 100 […]

Morocco seeks to increase tax revenue

Morocco’s lower house adopted a draft bill on tax reform that aims at achieving tax equity and boosting state tax revenues to fund development projects. The new text also aims at curbing the tax evasion and reduce the size of the informal sector, while making tax incentives more rational in case of the absence of […]