Reviving the shattered economy is a vital part of the road back to normality, and representatives of Libyan economic institutions gathered in Geneva on Monday and Tuesday, aiming to “develop critical economic reforms and restore public confidence in the management of Libya’s economy”, the UN mission in Libya (UNSMIL) said in a statement…
Read more from the source : UN News
Tags : Libya, economy, petrol,
Decades of failed policy and reform drives that have amounted to little more than kicking the can down the road are catching up with the Algerian economy, as the dinar hit a new low this week and experts heralded more pain to come. The decline of Algeria’s currency continues apace. On Thursday, the dinar was trading at 158.76 to the euro, and more than 200 on the black market…
Read more from the source : Middle East Institute
Tags : Algiers, economy, dinar, change,
On 29th September 2020, at the Hôtel El Mechtel, Tunis, The Association Tunisienne des femmes démocrates (Tunisian Association of Democratic Women, or ATFD) teamed up with the Arab NGO Network for Development (ANND) to stage …
Read more from the source : FORUS
Tags : Tunisia, economy, development,
Mauritania is rarely in the news. A member of the Arab League, it shares with its southern neighbor Senegal a large offshore gas field that promises to bring a potentially huge windfall to the impoverished northwest African nation. The Greater Tortue…
Read more from the source : Fair Observer
Tags : Mauritania, economy,
Algeria’s president has appointed Rosthom Fadli as the country’s central bank governor, making him the fifth person to hold the role since 2016. Since 2014, Algeria has had six finance ministers, one of whom served twice, and two of whom have been former central bank governors. The rapid turnover in senior economic policy-makers is likely to be in part…
Read more from the source : Central Banking
Tags : Algeria, Central Bank, economy,
Algeria has launched Islamic finance products in a bid to attract money from the informal market, but bankers warn it will take more to fix the country’s struggling economy. Falling oil prices and the coronavirus pandemic have battered the North African country, triggering alarm bells among officials and experts. The International Monetary Fund (IMF) forecast…
Read more fromt he source : The Manila Times
Tags : Algeria, Islamic finance, economy,
Across Africa, countries are grappling with the trade-offs that come with the pursuit of economic growth. This is evident from my recent trip to Mauritania, where the narrative is familiar but far from simple. Economic ambitions are clashing…
Read more from the source : Carnegie Endowment for international peace
Tags : Mauritania, economy,
The 2019 election cycle changed the face of Tunisian politics, ushering in many non-affiliated candidates and political outsiders into parliament, including the election of political outsider President Kaïs Saïed. By electing a new class of political leaders, Tunisian voters expressed their discontent with the status quo and their desire to empower new voices who could…
Read more from the source : National Democratic Institute
Tags : Tunisia, economy,
GDP growth moderated to 0.9% in 2019, compared to 1.4% during the previous year. The oil sector has shown a lower average contraction in the first nine months of 2019 compared to the previous year (-4.3% against -6.4% in 2018)…
Read more fromù the source : The World Bank
Tags : Algeria, economy, oil,