UN Security Council

Monitoring Committee to Evaluate Coronavirus Impact on Moroccan Economy

Just after the high commission for planning Ahmed Lahlimi told Reuters and Bloomberg that Morocco’s economic growth could sink to as low as 2% in 2020 from a previous estimate of f 3.5%, the Ministry of Economy & Finance announced, on Wednesday, the setting-up of an Economic Monitoring Committee that will assess the impact of […]

International Stakeholders rally behind UN Roadmap to stabilise Libya

The Governments of the United States, Egypt, France, Germany, Italy, Qatar, Saudi Arabia, Turkey, the United Arab Emirates, and the United Kingdom jointly expressed on November 27 their full support for the United Nations’ roadmap aimed at achieving unity, stability, and lasting peace in Libya. The statement welcomed the UN Security Council’s extension of the […]

Egypt Adds Multi-billion Dollar “Social Package” to Budget

As Egypt’s fiscal year for 2017-2018 will be commencing on July 1, the Finance Ministry has announced that a “social package” aimed at easing the pain of the ongoing austerity measures will be included in the budget. More than 90% of the citizens will benefit from the package through food subsidies, tax breaks and increment […]