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Morocco made good monetary & fiscal choices in the face of COVID-19, IMF Chief says

Morocco made “good choices” in terms of monetary and fiscal policy in the face of the Covid-19 pandemic, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, who highlighted the very strong partnership between the international financial institution and the Kingdom. “We have had a very strong partnership with Morocco for years now. […]

Guinea’s Mamadi Doumbouya orders audit of national budget management

The leader of transition in Guinea Mamadi Doumbouya has ordered Prime Minister Bernard Gomou to audit the spending of the national budget after the country suffered deficit of $833 million, Faapa news agency reports. A statement from the cabinet said the leader of the West African country wants to correct the shortcomings and failures noted […]

Tel Aviv gives leeway to Egyptian army to crackdown on Jihadists in military banned northern Sinai

Israel has not only offered condolences to Egypt after the deadly coordinated Islamist attacks in the Sinai Peninsula but also gave a free hand to the Egyptian army on Thursday to do whatever it wants in northern Sinai to stem the Islamist resistance despite a ban from the 1979 Camp David peace accords. Tel Aviv […]