economy upfront Bound

Morocco: Despite being an agricultural powerhouse, Morocco is experiencing soaring food pricesF

By Ismail Bellaouali: Soaring inflation in Morocco is driving up living costs and stirring public anger, and as food prices increase the country's export-led agricultural model is coming under fire. On April 8, protesters gathered outside parliament in the capital...
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Morocco applies for $5 bil IMF loan, likely to get the loanF

On 6 March 2023, the International Monetary Fund’s (IMF) Executive Board met in an informal session to consider a request from Morocco for a two-year loan arrangement under the IMF’s Flexible Credit Line (FCL). The amount under consideration is US$ 5 billion. The...
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Tunisia: World Bank suspends new lending to Tunisia after President Saied issued racist commentsF

By Paul Raymond: The World Bank has effectively suspended new lending to cash-strapped Tunisia after President Kais Saied sparked accusations of racism with incendiary comments against sub-Saharan African migrants. Migrants from sub-Saharan Africa have faced a wave of...
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Egypt to sell citizenship for money to compensate for bankrupt economyF

Egypt announced Wednesday it is offering citizenship to foreign investors willing to spend at least $250,000 in the country, as it struggles to fill its depleted coffers. According to state newspaper Al-Ahram, a decision by Prime Minister Mostafa Madbouli published in...
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