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MOROCCO: Rabat moves with reducing subsidies
The war in Gaza, which began in October 2023, was initially expected to wind down within a few months, enabling economic activity to return to normal. Instead, the fighting has…
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DOI: 10.1108/OXAN-DB287366
ISSN: 2633-304X
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This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…
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DOI: 10.1108/OXAN-DB287009
ISSN: 2633-304X
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President Abdelmadjid Tebboune has yet to declare his candidacy but is expected to do so. The establishment candidate seems certain to triumph given the support of national media…
Floods and heavy rains have made the situation worse. Meanwhile, attacks by the Huthis (the group in control of northern Yemen) obstruct shipping traffic to Hodeida port, which is…
GULF STATES: Growth will strengthen in 2024
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DOI: 10.1108/OXAN-ES287348
ISSN: 2633-304X
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EGYPT: Government readies to reduce subsidies
The economic situation is challenging: unemployment was 16.4% in the fourth quarter of 2023, and work and business opportunities are limited. The government has avoided a debt…
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DOI: 10.1108/OXAN-DB287273
ISSN: 2633-304X
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MOROCCO: Government will try to contain labour demands
EGYPT: Government will aim at rationalising energy use