Economy

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

Algeria's consumer price inflation, which came in at 5.2% year-on-year (y-o-y) in July, will moderate over the medium term in our view. The July print, which was a marked rise from... 2011-09-21

The Central Bank of Tunisia (BCT)'s September 6 decision to cut its headline interest rate by 50bps to 3.5% will provide marginal benefits to the economy, and we highlight that the... 2011-09-12

We forecast Morocco's fiscal deficit to widen to 8.3% of GDP in 2011, compared to our previous forecast of 7.7%. The country's lack of oil revenues, along with efforts by Rabat to mitigate... 2011-08-26