Leaders from Congo and Rwanda canceled a much-anticipated meeting in Angola intended to ease the crisis caused by the M23 rebel insurgency. Observers had hoped these face-to-face talks would produce a breakthrough. Instead, the latest setback suggests that efforts to quell the nearly three-year conflict in eastern Congo continue to falter, leaving more than 1.9 […]
The Moroccan government expects to cut its budget deficit to 3% of GDP in 2026, from 3.5% this year, as it continues to pursue fiscal consolidation and structural reforms, finance minister Nadia Fettah Alaoui said. The government expects to narrow the deficit thanks to tax reforms, while maintaining support for strategic investments and social programs, […]
Morocco’s central bank cut its borrowing rate to 2.75% from 3% as inflation drops thanks to lowering food prices and easing external inflationary pressures, the bank said following its board meeting. “On the basis of all these considerations, the Board considered that the calibrated tightening of monetary policy, the regular monitoring of the transmission of […]
