Taxing times: How inflation and heavy taxation are squeezing Morocco
Morocco’s economic strategy has long been admired as a model for North Africa, with the kingdom positioning itself as
According to reporting by Reuters, President Abdel Fattah al-Sisi has warned that Egypt may be forced to re-evaluate its $8 billion program with the IMF if international institutions do not consider the extraordinary regional challenges the country is facing. Egypt signed an $8 billion financial support package with the International Monetary Fund in March that requires it to reduce subsidies on fuel, electricity and other commodities and to allow its currency to float freely – measures that have triggered public fury.
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