Economy
Morocco
BMI View: Morocco's foreign currency reserves stood at MAD137.5bn (US$16.1bn) at the end of April, according to latest data from the Moroccan Central Bank. While down by 9.0% from the...
2013-05-23Algeria
Algeria’s total reserves minus gold came in at US$191.0bn in February, worth approximately 45.9 months of imports, providing a considerable coffer against volatility in global...
2013-04-29Libya
According to latest data by the International Energy Agency, oil production in Libya averaged 1.38mn bbl/day in January, a 16.0% increase in year-on-year terms. However, oil production...
2013-04-29Algeria
The Central Bank of Tunisia (BCT) increased its key interest rate by 25 basis points to 4.00% at its latest meeting on March 27. The move was motivated by the need to curb inflationary...
2013-04-29Morocco
BMI View: Latest data from the Haut-Commissariat au Plan (HCP), Morocco's planning agency, shows that consumer price inflation stood at 2.2% y-o-y in March 2013, bringing the average...
2013-04-26Algeria
We project real GDP growth in Algeria of 3.5% in 2013 and 4.8% in 2014, respectively, up from our estimate of 2.2% in 2012. Despite an increase in headline growth this year, expansion...
2013-04-25Tunisia
On April 19 Tunisian authorities and IMF staff reached a staff-level agreement on a 24-month US$1.75bn Stand-By Arrangement (SBA), a development which was widely anticipated by BMI...
2013-04-24Morocco
BMI View: We expect Morocco's public finances to remain under considerable strain over the year, and maintain our long-held view that the government's 2013 budget target, aiming to...
2013-04-15
