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Keywords: Economic reforms


Morocco Eyes Real Estate Wealth Tax to Bolster Universal Social Protection

Morocco is considering the implementation of a tax on real estate wealth as a means to finance its ambitious universal social protection program, according to a recent report by the Arab Reform Initiative. The study, titled "Property Taxes: Missed Opportunities for Funding Universal Social Protection......

Venezuela Appoints Alex Saab as New Industry Minister Amid Political Turmoil

In a significant cabinet reshuffle, Venezuelan President Nicolás Maduro has appointed Alex Saab, a Colombian businessman and close associate, as the new Minister of Industry and National Production. This announcement was made on Friday, following Saab's release from U.S. custody in a high-profile......

Morocco's 2025 Financial Roadmap: King Mohammed VI Unveils Ambitious Plan for Economic Growth and Social Progress

In a significant move towards economic revitalization and social advancement, King Mohammed VI of Morocco presided over a pivotal Council of Ministers meeting at the Royal Palace in Rabat. The gathering focused on the nation's 2025 Finance Bill, which outlines a comprehensive strategy to boost Morocco's......

Morocco's Economic Resilience: S&P Forecasts Sustained Growth Amid Reforms

Morocco's economy is poised for sustained growth, according to a recent report by S&P Global Rating. The international credit rating agency has highlighted ongoing economic reforms in the North African kingdom, predicting that these measures will foster more inclusive and resilient economic expansion......

 Sri Lanka's New President: A Marxist Hope for Unity and Reform

In a nation grappling with a severe economic crisis, the election of Anura Kumara Dissanayake as Sri Lanka's first president with Marxist leanings has ignited hopes for profound change. Dissanayake's call for unity, clean politics, and pro-people economic reforms resonates with the 22 million......

Belgium's Looming Strike: A Potential Air Travel Crisis Unveiled

A nationwide strike in Belgium looms large, casting a shadow of uncertainty over air travel plans for the upcoming October 1st. The impending industrial action threatens to disrupt flights and cause significant inconvenience to travelers. The strike, organized by the country's largest labor union,......

Morocco's Foreign Investment Surge: A Promising Economic Turnaround

Morocco's economy has witnessed a remarkable surge in foreign investment, with a significant 46.8% increase recorded in 2024. This impressive growth has positioned the country as an attractive destination for international investors, solidifying its status as a key player in the global investment......

Moroccan Government Engages with OECD Secretary-General to Enhance Economic Collaboration

In a significant diplomatic engagement, the Head of the Moroccan Government, Aziz Akhannouch, recently met with the Secretary-General of the Organization for Economic Co-operation and Development (OECD), Mathias Cormann, to address pressing global economic concerns. The meeting, held in Rabat, underscores......

Abdelmadjid Tebboune Secures Second Term as Algeria's President Amid Reforms and Challenges

In a landmark decision reflecting the will of the Algerian people, incumbent President Abdelmadjid Tebboune has emerged victorious in the recent presidential elections, securing a second term in office. The elections, held on April 10, 2024, saw Tebboune receive an overwhelming majority of the votes,......