Economy

In late January Libya's National Transitional Council agreed to pay US$400mn of a total of US$1.4bn in repayments to Turkish contractors for work that was completed before the anti-Qadhafi... 2012-01-26

Customs data released on January 22 showed that energy exports amounted to US$ 71.2bn in 2011, a 28.3% increase on 2010. We estimate that the current account surplus came in at 20.5%... 2012-01-25

Headline inflation in Tunisia increased by 4.2% y-o-y in 2011. Inflation will remain elevated in the medium term, and we reaffirm our forecast that it will come in at 4% by end 2012.... 2012-01-24

The decision by the UN Security Council to unfreeze approximately US$150bn in assets held by the central bank and one of its subsidiaries should help alleviate a short-term liquidity... 2011-12-29

BMI View: In line with our view, Morocco's central bank has left its benchmark interest rate unchanged at 3.25%, its lowest level in more than two years. The decision, announced... 2011-12-22

Our near-term outlook for the Algerian dinar is neutral. The currency has been in a multi-quarter downtrend against the US dollar, and the unit traded at DZD74.33/US$ on December 16.... 2011-12-16

Industrial production data from Tunisia reveal that the country's Jasmine Revolution has had markedly different effects on the wide array of industries in the economy, and we expect... 2011-12-12

Consumer price inflation (CPI) in Tunisia has ticked up in recent months, and we expect it to remain near Q411 levels through 2012. From a low of 2.9% y-o-y in Q111, inflation gradually... 2011-12-08

Morocco's trade deficit expanded by 22.6% year-on-year in the January-August period, and now stands at MAD122.2bn (US$14.8bn). The growth was primarily the product of higher energy... 2011-09-23

Libyan authorities are looking to return crude to the export market immediately. Bloomberg reported on September 8 that a 600,000 barrel crude cargo was to be loaded September 15-17... 2011-09-21