Thanks to an economic recovery and better tax revenue, the Moroccan government reduced its fiscal deficit to 6% of GDP in 2021 from 7% a year earlier, the finance ministry said. The deficit stood at 70.9 billion dirhams, down from 82.3 billion dirhams in 2020, a year in which Morocco imposed a three-month long lockdown […]
The Italian energy giant ENI has started the construction in Tunisia of a 5 MW facility at the ADAM oil concession in which it has a 25% stake. The project aims to establish a state-of-the-art hybrid power generation system with battery storage devices, to enable efficient integration with existing turbines. The project, being developed with […]
Representatives of Libya’s High Council of State and of the Tobruk-based Parliament are expected to meet on Friday Jan. 22 in the Moroccan city of Bouzkina (near Rabat) to discuss the appointment to several senior key positions, according several press reports. Libyan rivals held several meetings in the Moroccan cities of Bouznika, Skhirate and Tangier […]
