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Morocco, host country of 22nd UN conference on climate change (COP22) has purchased from the World Bank USD 100 million in World Bank Green Bonds. These 3-year bonds mature on December 15, 2019 and have a semi-annual fixed rate coupon Read more
The World Bank (WB) said Algeria’s economy is stumbling on the backdrop of the sharp drop in oil prices and the lack of economic diversification with growth rate falling to 3.6% in the first half of 2016 compared to 3.9% Read more
The Egyptian parliament has passed a law on Value Added Tax (VAT) after an intense debate and Finance Minister Amr El Garhy said “it’s a tax reform that Egypt needed to begin its economic reform process.” The VAT, fixed at Read more