The Central Bank of Egypt, (CBE) collected around $5.2 billion (EGP 100 billion from local banks in the weekly open market operations (OMO) as the North African country turns to local, regional and international banks for loans to address growing economic pressures. The CBE data indicate that the funds were raised at a fixed rate […]
Morocco’s economic growth is expected to grow 3.1% in 2023 thanks to a rebound of the primary sector, says the World Bank’s in its latest report “Responding to Supply Shocks”. After a strong post-COVID-19 rebound last year, Morocco’s economy came under mounting pressure from overlapping supply shocks: a severe drought and a surge in commodity […]
The Moroccan government Council adopted on Thursday a new bill regulating the use of agricultural pesticides in a bid to protect the health of citizens, animals and the environment. The former pesticide legislation, dating back to 1997, has become obsolete in view of the major global changes and progress made in the development, testing, production […]
