Dim prospects for Tunisian economy as President Saied cuts ties with IMF

Tunisia’s President Kais Saied has suspended ties with the IMF after shunning the reforms it conditioned for a lifeline deal that could have made it easier for Tunisia to access foreign loans. The failure of the $1.9 billion offered by the IMF in exchange for reforms puts Tunisia in an uphill battle to access funding […]

In Q4 of 2023–2024, Egypt’s State debt decreases by 2.1%

Egypt’s total public debt fell by 2.1 percent in the final quarter of the 2023/2024 fiscal year, according to the Ministry of Finance. By the end of June, the debt had decreased to LE 12.52 trillion from LE 12.78 trillion recorded in March 2024. This reduction was primarily driven by a 2.7 percent decline in […]

Aid embezzlement worsens suffering of Sahraouis in Polisario-run camps

A new aid embezzlement scandal emerged in the Tindouf camps after the Polisairo-administered Red Crescent was found guilty of sending aid to stores run by the trade division of the militia to be sold instead of being distributed for free to the targeted vulnerable civilians. This comes amid international concern at reports of a coronavirus […]