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Libya: GNA Moves to Control Purse Strings
Libya’s unity government yet to be approved issued Monday a decree freezing all state and institutions bank accounts expect for accounts for state salaries. The decree followed a meeting between the Presidency Council, the Central Bank of Libya (CBL,) the Audit Bureau and major banks in an attempt to discuss the urgent financial and economic […]
Gaza: UN, Palestinians laud Moroccan King’s generosity
The United Nations has lauded the “generosity” of King Mohammed VI, Chairman of the Al-Quds Committee, following the dispatch of “significant” additional humanitarian aid to the people of Gaza. “We commend the generosity and decision of HM King Mohammed VI to send significant humanitarian aid to the people of Gaza,” Stéphane Dujarric, spokesperson for the […]
Morocco’s Central Bank forecasts 6.3% drop in Country’s GDP in 2020 & 4.7 % growth in 2021
Morocco’s Gross Domestic Product (GDP) is expected to fall by 6.3 pc this year before recovering quickly and rebounding by 4.7 pc in 2021, said on Tuesday Bank Al Maghrib in a press release issued following its third quarterly meeting. According to the experts of the Kingdom’s central Bank, the Moroccan economy has been affected […]



