Algeria Finance Headlines

Algeria: Finance minister sounds the alarm over drying state finances

The Algerian Finance Minister debunked the government over the country’s finance following the crash of global oil, noting that the situation is dire and that it is pointless to lie. Abderrahmane Raouya, during an improvised press conference in capital Algiers Wednesday, confirmed that the state finances have drastically dwindled, TSA reports. The North African country […]

Finance Headlines Tunisia

COVID-19: Tunisia to get $35m from World Bank

The World Bank will grant Tunisia $35 million destined to support the health ministry in its fight against the novel covid-19 and finance the purchase of medical equipment. The Washington-based institution in a statement said $20 million of the aid package is earmarked to bolster the capacity of the health system and support the North […]

Asia Headlines International Maghreb Morocco

The Sahara population is an integral part of the Moroccan people’s fabric

The population of the Sahara is an integral part of the Moroccan people’s fabric and cannot be attached to a region according to ethnic or confessional connotations, commented Saudi daily Riyadh, noting that any approach to the Sahara issue must be wise and balanced. In a column by journalist Abdelrahman Al Jadie under the title […]

Finance Headlines Morocco

Morocco to edit its 2020 appropriation bill, prepares post-covid economic recovery plan

Morocco will review its 2020 appropriation bill in light of the macro-economic disruptions caused by the coronavirus and in preparation for the post-virus era, the economic monitoring committee said. The Committee, set up to address the consequences of the virus on the economy, said in its sixth meeting it will look into the cases of […]

Business Headlines Morocco

Coronavirus: 5.1 million Moroccan households receive financial assistance

The number of households that received financial aid from the Special Fund for the Covid-19 management has reached 5.1 million, said Interior Minister Abdelouafi Laftit on Wednesday at a parliamentary hearing. Stipends have been distributed to 800,000 people affiliated to National social security fund (CNSS), 2.3 million households having RAMED health card (medical assistance program […]

Headlines Tunisia

Tunisia prolongs state of emergency for an additional month

President Kais Saied Wednesday extended for one month the state of emergency in place since November 2015 after a suicide attack killed a dozen of forces from the presidential guard. The office of the President said the measure is starting as of April 30. The state of emergency, in place since late November 2015, has […]

Headlines Libya

Khalifa Haftar announces ceasefire for Ramadan holy month

Libya strongman Khalifa Haftar said on April 29 his forces would cease hostilities for the Muslim holy month of Ramadan following international calls for a truce in the war-torn country. “The commander general announces the halting of military operations from his side,” a spokesman for Haftar, who controls swathes of eastern and southern Libya, said […]

Business Headlines Morocco

Coronavirus pushed Morocco’s tourism promotion office to focus on domestic tourists

Morocco’s tourism promotion office (ONMT) is planning to encourage domestic tourism to compensate for losses due to the global impact of the coronavirus on international tourist arrivals. Prospects for a return to normalcy in the tourism sector before 2021 are bleak, said l’Economiste daily citing the office. “Hopes are therefore pinned on domestic demand as […]

Africa Europe Headlines International Morocco

Covid-19: EU welcomes Moroccan King’s African initiative

The European Union lauded King Mohammed VI’s Africa initiative, calling for the establishment of an operational framework to support African countries in the management of the Covid-19 pandemic. “This initiative seems to fit perfectly with Morocco’s return to the African family, which we have observed with great interest for several years, especially in many areas […]

Algeria Headlines Maghreb Mauritania Morocco

Sahraouis flee Polisario-run camps to Mauritania due to coronavirus

The Sahraouis held in inhuman conditions in the Poliairo-run camp with Algeria’s blessings are fleeing en masse to Mauritania over fears of the coronavirus outbreak, Mauritanian media reported. A convoy of 1,500 cars left the camps to northern Mauritanian localities of Tiris Zemmour and Adrar, Mauritanian media outlets reported. The media echoed concerns of the […]