President Morsi

Morocco central bank cuts key interest rate as inflation drops

Morocco’s central bank cut its borrowing rate to 2.75% from 3% as inflation drops thanks to lowering food prices and easing external inflationary pressures, the bank said following its board meeting. “On the basis of all these considerations, the Board considered that the calibrated tightening of monetary policy, the regular monitoring of the transmission of […]

Education Systems in Developing Countries – Nationalization versus International Compatibility?

Middle income nations often share the same social and political issues, with education being an important yet contentious issue for many developing countries which are trying to move forward and become effective global players. Indonesia, as well as many North African countries, faces a ‘financing gap’ with constraints in mobilizing the funds needed to invest […]

Libya: Serraj announces elections by year’s end

Head of Tripoli-based Presidential Council Faiez Serraj announced Tuesday the holding of general elections in the crisis-stricken country by year’s end. Serraj, who made the announcement one week after meeting his rival Khalifa Haftar in the UAE, did not elaborate on the date. Serraj who heads the UN-backed Libyan administration met with east-based warlord Haftar […]