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Morocco to reduce public debt below 70%- Finance Minister
Morocco’s government debt is sustainable as efforts are ongoing to cut it further below 70% of GDP, finance minister Nadia Fettah Alaoui said. The minister made the remark during an interview on le360, following criticism by opposition MPs who warned of the risk of debt unsustainability. Debt to GDP ratio was brought below 70% this […]
Africa faces looming ‘debt crisis’ and ‘lost decade’, warns World Bank
Developing countries are on a “path to debt crisis” and another “lost decade”, World Bank warns in its latest annual publication, unless African and other debtor governments, private and official creditors and multilateral financial institutions agree on a quick and coordinated action to secure more support from the creditors. The 50th edition of the ‘International […]
Tunisia: UGTT announces general strike in public sector for June 16
The Tunisian powerful General Labor Union (UGTT) has announced a general strike in the public sector on Thursday, June 16, reports Tunisian news agency TAP, citing a strike note circulated by UGTT on Tuesday. The UGTT called for nullifying circular n°20 of December 9, 2021 related to negotiations with the unions, and apply, instead, all […]



