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Category: Finance
World Bank: Morocco’s economy to grow by 3.2 % in 2022
The Moroccan economy is expected to grow by 3.2 percent in 2022 against 5.3 pc growth recorded the previous year, says the World Bank in ... Read More
Remittances by Moroccans abroad hit record $10.7 bln
Remittances by Moroccans abroad hit a record 100 billion dirhams ($10.7 bln) in 2021 compared to 70 billion dirhams in 2020, offsetting losses of the ... Read More
Belgium issues international arrest warrant against Chairman of Libya’s Investment Authority
The Belgian judiciary wants the Chairman of the Libyan Investment Authority (LIA), Ali Mahmoud arrested on charges of corruption and embezzlement, Libya Observer reports, citing ... Read More
World Bank deplores Algeria’s denial of its bleak economic outlook
After a series of attacks by the Algerian government through its official media, the World Bank has responded in a well-thought statement that defended its ... Read More
Algerian government attacks World Bank
Be nice to people on your way up because you might meet them on your way back! So says an adage that applies well to ... Read More
Tunisia to freeze salaries, recruitment in public sector for next three years – local NGO
Tunisia has pledged to the International Monetary Fund (IMF) to freeze salaries and recruitments in public sector from next three years until 2024, local powerful ... Read More
Launch of ‘Winter of Al-Quds 2021’ Campaign
The Rabat-based Bayt Mal Al-Quds Al-Sharif Agency has launched the "Winter of Al-Quds 2021" campaign, for the benefit of schoolchildren and families of orphans sponsored ... Read More
Saudi Arabia conditions credit line to Tunisia on IMF’s demands
Saudi Arabia is willing to provide Tunisia a financial facility to support the 2022 state budget but provided that the North African country meets the ... Read More
Algeria’s hysterical response to World Bank report
Algeria’s military regime has hit a new low in its response to a World Bank report warning of worsening poverty and bleak economic prospects in ... Read More
Morocco’s financial sector shows resilience against Covid-19 fallout
Rabat - Morocco The Moroccan financial sector continues to show resilience against the negative impacts generated by the Covid-19 pandemic, said the “Coordination & Systemic ... Read More