Morocco will allocate 3 billion dirhams this year and 3.2 billion next year, or a total of 670 million dollars to restore its national herd, including through financial support to farmers, agriculture minister Ahmed El Bouari said. Under this program, the government will earmark 700 million dirhams to restructure and cancel debt owed to 50,000 […]
As it heads straight to insolvency, Algeria insists on shunning foreign debt as it resorts to unconventional measures involving the Central Bank money printing to delay an impending bankruptcy in the absence of genuine reforms. After Algerian Prime Minister Ahmed Ouyahia announced a five-year plan to reduce his country’s ballooning budget deficit by borrowing directly […]
Former Assistant Chief of Mission for Assistance Transition and Coordinator for Minority Issues at the US embassy in Iraq and current US ambassador to Nepal, Peter Bodde, has been appointed new US ambassador to Libya in replacement of the outgoing ambassador Deborah K. Jones. The White House confirmed Peter Bodde as the new US ambassador […]
