Amid rising tensions in the Middle East and North Africa (MENA), the IMF has adjusted its economic forecasts, projecting a subdued growth rate for the region.
A senior official from the IMF highlighted the impact of the persistent conflicts in Gaza and Sudan, alongside recent reductions in oil outputs by Gulf countries, as central factors influencing the region's economic stability.
The latest IMF regional economic outlook report now anticipates a 2.7 percent growth rate for MENA in this year and remains hopeful for a rebound in economic growth next year.
Morocco's Economy and Finance Minister, Nadia Fettah Alaoui, announced on Thursday that the country's economy is
According to reporting by Reuters unofficial Libyan banknotes have been exchanged for real dollars and have subsequently contributed to the
Egypt has announced a 15-percent increase in petrol prices, which will come into effect on Friday, as part of a
Unofficial Libyan banknotes, some reportedly printed by Russia and within Libya, are being exchanged for U.S. dollars, contributing to
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