Libya’s Fiscal Fiction
Fixing Libya’s economy will require undoing the racket, not cosmetic consensus Libya’s economy is in free fall, and
France’s Alstom has announced it will supply Morocco’s national railway operator, ONCF, with 18 high-speed, double-decker, Avelia Horizon trains. It is a deal worth around $845 million and was first discussed during French President Macron’s visit to Morocco during his meeting with King Mohammed VI, last October. The new trains belong to the same group of TGV M models used by the French national railway company (SNCF), that will be launched later this year on the southeastern line in France. According to French media the trains are part of a framework to extend Morocco’s existing high-speed Tangier-Casablanca line, to Marrakesh. The Avelia Horizon trains will have a capacity of 640 passengers and a top speed of 320 km/h.
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