Poverty_Tunisia

Morocco’s spending on subsidies halved by April

Morocco’s spending on subsidies of basic consumer goods dropped to 2.2 billion dirhams by April, from 5 billion dirhams the same period last year. The drop in subsidies bill was mainly ascribed to the 68% decrease in the cost of butane gas as well as sugar prices. Morocco also subsidies flour. Therefore, it is expected […]

Egypt meets IMF as pound depreciates

Representatives of International Monetary Fund (IMF) and the Egyptian government discussed the important $4.8 billion loan as the Egyptian pound continues on its dive with the foreign reserves depleting. Before the visit, the IMF said they will discuss recent economic developments and “possible IMF support for Egypt in facing these challenges”. It’s Middle East and […]

Moroccan IS returnees from Iraq, Syria will put country in jeopardy, Europe warns

European Intelligence agencies have warned Moroccan authorities to be on alert, pointing out that the country’s citizens fighting in the ranks of the Islamic State group (IS) in Syria and Iraq are set to come back home to commit terrorist attacks. The security of the North African country could be in jeopardy as hundreds of […]