Economy

We have revised our oil price forecasts upwards to US$26.97 for 2004 and US$26.0 for 2005, taking into account market bullishness and OPEC's planned supply cuts. As a result, we expect... 2004-04-22

A recent survey found that 64% of Moroccans aspired to work in Spain. BMI View: Despite political pressures, illegal immigration to Europe is likely to continue while unemployment... 2004-04-14

According to regional traders, crude oil exports have been cut by roughly 10%, to 650,000 barrels per day (b/d). This appears to be a response to OPEC's decision to reduce supply... 2004-03-24

Credit ratings agency Standard & Poor's has upwardly revised its outlook from stable to positive, reflecting improvements in external liquidity and confidence in the ongoing economic... 2004-03-24

Heightened industrial activity in Q1 2004 suggests that our industrial output forecast may have some upside riskpotential. According to Central Bank of Tunisia figures, the industrial... 2004-03-24

Morocco signed a Free Trade Agreement (FTA) with the US on March 2, which will drive further domestic economic liberalisation as well as external opening, subject to Congressional... 2004-03-12

Foreign direct investment has increased in the last year, posing upside risks to growth, with downside risks coming from weak exports. As the exchange rate is largely determined by... 2004-02-24

Libya - Macroeconomci data and forecasts

A combination of high oil and gas prices, strong 2003 harvests and expansionary government spending mean the outlook for growth is good. However, downside risks come from vulnerability... 2004-02-18

The robust export performance of 2003 is continuing into this year, with the January trade deficit down 34% y-o-y. We anticipate an increase on last year's 6.1% export growth in 2004,... 2004-02-18