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African govt’s should crack down on illicit trade to increase tax revenue — study

As 93% of the most climate-vulnerable countries in the Global South are “drowning in debt, according to a new research from ActionAid, experts warn that illicit trade greatly exacerbates this budgetary disaster, which in turn robs governments of massive amounts of tax revenue while undermining medical, environmental and economic health. The ActionAid study also rings […]

New turning point for Libya’s proxy war

The proxy war in Libya between a UN-backed government in Tripoli armed by Turkey and a rival government in eastern Libya backed by Egypt, UAE, Saudi Arabia and Russia is far from being over with the victory of Serraj government over Haftar forces in Tripoli’s outskirts. The Government of National Accord is now putting pressure […]

Tunisia: Government hints implementation of subsidy reduction

Reduction of subsidies for basic materials is underway in Tunisia although the government is being mindful to incite protests.  An economic dialogue has been organized to ease its implementation but some opposition parties have decided to boycott it. The government believes that cutting subsidies is necessary to reduce the budget deficit. Trade Minister Najla Harouch […]