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East Africa’s weakening currencies don’t improve trade balances, defying economic theories
The depreciation of all domestic currencies in the East African region over the past year has not led — in a defiance of conventional economic theory and expectations of regional economists — to the improvement in trade balances, putting more pressure on foreign exchange rates. The depreciation of a country’s currency is supposed to make […]
Morocco’s Crown Prince Receives Maqdessi Children in Rabat
Crown Prince Moulay El Hassan received, Thursday, in Rabat, the children from the holy city of Al Quds who are taking part in the 12th edition of the Summer Camps organized in Morocco by Bayt Mal Al-Quds Agency under the patronage of King Mohammed VI, President of the Al-Quds Committee. Fifty Palestinian children aged between […]
Tunisia might call on IMF for financing
The minister responsible for investment has voiced out that the country’s actual economic situation might force the government to ask for a precautionary standby credit line worth $2.5 billion from the International Monetary Fund. He said they not completely ruling out the idea because they need the sum in order to give assurances to their […]



