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Algeria squanders gas wealth to buy social peace, fatten army
Algeria is about to approve the largest budget in its history and in Africa, most of it dedicated to maintain cash-handouts on which its social peace depends and increase spending on the army. Some 125 billion dollars will be budgeted by the government this year, as the country lacks any significant investment or economic project […]
Morocco to offer fuel subsidy to professional transporters to cushion price hikes
Morocco plans to re-introduce aid to help professional transporters mitigate the impact of a surge in fuel prices, in a u-turn in its subsidies policy. The decision was taken following a meeting between transport minister Mohamed Abdeljalil, budget minister Faouzi Lekjaa and transport professionals. Fuel is a driver of inflation and any significant surge in […]
Morocco, EU discuss ways to step up cooperation in sustainable investment in green energies
Means and ways to step up cooperation in the area of sustainable investment between Morocco and the European Union were at the focus of a meeting held Thursday in Marrakech between the Minister Delegate in charge of Investment Mohcine Jazouli, and the executive vice-president of the European Commission, Valdis Dombrovskis. During this meeting, held on […]



