The World Bank has voiced support for the efforts made by Algeria to diversify its oil-dependent economy, boost the private sector, improve governance and create job opportunities for the young people & graduates. At the end of a three-day visit to the North African country, WB Vice President for the Middle East and North Africa, […]
The coronavirus outbreak has caused a surge in spending and a drop in revenues for state coffers pushing the government to review the targets and spending schemes under the 2020 budget while maintaining priority for social spending. The administration has adopted austerity measures to reduce unnecessary spending saving some $200 million that was scheduled for […]
King Mohammed VI of Morocco urged the government to step up reforms to foster social and territorial justice with a particular focus on expanding social welfare protection to cover all Moroccans. “I call on the Government and on economic and social actors to be effectively engaged in this endeavor, and to show a sense of […]
