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WB Sees Morocco’s GDP Growth Rebounding to 3.8% in 2017

The World Bank (WB) said in its semi-annual MENA economic Monitor that GDP growth in Morocco will rebound to 3.8% in 2017 on the backdrop of abundant rainfall auguring a good agricultural season. The report noted that growth would improve to 3.8% after the Moroccan economy endured the impact of drought in 2016 which dragged […]

U.S. Deputy Secretary of State Expected in Morocco Next Week

Deputy Secretary of State Wendy Sherman will visit Morocco within the frame of an international tour that will take her to Turkey, Spain, Algeria and Egypt. Sherman starts this Friday her week-long trip with a visit to Istanbul and Ankara, says a press release issued by the U.S. State Department. The Deputy Secretary is expected […]

Algeria gets highest Trump tariff in North Africa

Trump has imposed a 31% reciprocal trade tariff on Algeria, the highest levy in north Africa. Algeria, which charges a tariff to the US at 59%, was part of a long list of countries hit by import taxes, which Trump imposed via executive order. Tunisia was targeted with 28%, while it charges the US 55%. […]