Zakaria-Moumni

Morocco Projects $36.5 Billion Tax Revenue in 2026

Morocco’s government announced Thursday that tax revenues are expected to reach 366 billion dirhams ($36.5 billion) this year, representing a substantial increase from the 199 billion dirhams ($19.8 billion) recorded in 2020. Government spokesperson Mustapha Baitas attributed this nearly 160 billion dirham rise to fiscal reforms that have strengthened public finances and expanded funding capacity […]

Egypt: Publisher of controversial Israeli novel sentenced to five years in prison

A court in Egypt upheld a five-year prison sentence against the head of an Egyptian publishing company for distributing an Arabic version of “The Egyptian Spy Who Saved Israel”, a book the military rejected arguing that it disseminates military secrets. Khaled Lotfi, on trial in a military court since last year, was handed the sentence […]

Cash-strapped Tunisia seeks IMF loan

Tunisia has officially asked the IMF for a new program to back up the economic reforms to alleviate the strain on public finances. The Tunisian government agreed an economic reform package with powerful labor union UGTT at the end of last month that tackles subsidies, taxes and state firms, and which was seen as opening […]