Morocco’s Central Bank, Bank Al Maghrib, kept its benchmark interest rate unchanged at 2.25% following its board meeting on Tuesday, December 19. The Bank said inflation was expected to reach 0.7 % on average at year end, down from 1.6 percent in 2016. The bank also revised down economic growth to 4.1% this year from […]
Mehdi Jomaa, Tunisia’s officially designated new prime minister, announced his failure in forming a new cabinet meant to steer the country to fresh polls. This took place in a press conference that was held shortly after the deadline to submit his line-up to President Moncef Marzouki and on the day of a vote set to […]
Morocco and Russia are celebrating the 60th anniversary of the establishment of their diplomatic relations. To mark the event, the foreign ministers of the two countries have exchanged letters highlighting the “exemplary” character of their bilateral ties. Morocco’s foreign minister Nasser Bourita and his Russian peer Sergey Lavrov have exchanged letters on this occasion underpinned […]
