Sudan
Norwegian Refugee Council: Sudan on 'countdown to famine'
The head of the Norwegian Refugee Council (NRC) has said that the ongoing war between the Sudanese army and the
1 min read
The European Bank for Reconstruction and Development (EBRD) projects an acceleration in the average growth of the gross domestic product (GDP) to 3.4% in 2024 for its southern and eastern Mediterranean (SEMED) region, the bank's latest Regional Economic Prospects report, released today, reveals.
The report highlights Morocco's economy as particularly resilient, forecasting a 3% growth rate in 2024 and anticipating a further rise to 3.6% in 2025.
Despite increased spending on post-earthquake relief and reconstruction, Morocco continues to push forward with fiscal consolidation efforts to curb government debt, the report notes.
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The fastest growing economy in the Maghreb may surprise you
For the second year in a row Libya is on the International Monetary Fund’s (IMF) list of the top