Pressure exerted on Morocco’s current account deficit (CAD) and external finances have increased significantly due to the COVID-19 pandemic global shock, Fitch Ratings says. However, the North African country has buffers to manage increased pressures, including recently displayed willingness to adjust the flexibility of the exchange rate regime, adds the international rating agency. Disruptions to […]
Libya’s Interior minister Khaled Mazen has brushed aside claims by Tunisia that dozens of terrorists have crossed into Tunisian territory from around Al-Watiya airbase (AB) in view of attacking the border city of Ben Guerdane. Tunisia notified the Interpol of the presence of 100 terrorists at Al-Watiya AB and said they were trying to infiltrate […]
Morocco has reiterated its active and resolute commitment to the outcome of the political transition in Libya, and its unwavering support to the intra-Libyan political process to achieve a peaceful and lasting solution to the crisis in the North African country. The remarks were made by Morocco’s Permanent Representative to the African Union and UNECA […]
