Finance Headlines Morocco

WB Urges Morocco to Adopt New Growth Model

The World Bank urged Morocco to adopt a new growth model oriented towards boosting exports and strengthening the private sector. “Morocco’s growth model shows signs of weaknesses as it is confronted with a series of sustainability issues that risk, with varying degrees of intensity, impeding further progress,” the World Bank said in its April economic […]

Algeria Headlines

Algeria Releases ‘New Growth Model’ Warning of Unsustainable Subsidy System

The Algerian government released its 2030 vision for economic development, dubbed “New Growth Model,” warning of the unsustainability of the current subsidies system and urging economic diversification to reduce dependency on hydrocarbons. “In all sectors of the public service (electricity, gas, water, rail transport, telecommunications), tariffs are kept at levels lower than the cost of […]