World Bank

Sudan advances financial reforms, plans to revive key state sectors

Sudan is accelerating public financial reforms and efforts to revive key productive sectors as the country seeks to rebuild State institutions and stabilize its economy amid the ongoing war. Minister of State for Finance Mohamed Nour Abdeldaim said on August 09, after briefing Prime Minister Kamel Idris in Khartoum, that the Government was implementing measures […]

Algeria: Five Generals behind Bars on Corruption Charges

Five top Algerian generals have been dismissed of their functions this week after they stood before justice on corruption charges, local Algerian media said. The major generals include three former heads of military regions, a former gendarmerie head and the Defense Ministry’s financial services chief, local media outlets said. They all face charges of “illicit […]

Morocco to cut budget deficit to 3% in 2026

The Moroccan government expects to cut its budget deficit to 3% of GDP in 2026, from 3.5% this year, as it continues to pursue fiscal consolidation and structural reforms, finance minister Nadia Fettah Alaoui said. The government expects to narrow the deficit thanks to tax reforms, while maintaining support for strategic investments and social programs, […]