Rabat - The national accounts for the second quarter of 2024 show a slowdown in the growth of the national economy to 2.4%, compared with 2.5% in the same quarter of 2023, according to the High Commission for Planning (HCP). Driven by domestic demand, this growth was achieved against a backdrop of controlled inflation and a financing requirement for the national economy representing 1.1% of GDP, notes the HCP in a report on the national economic situation in the second quarter of 2024. Non-agricultural activities recorded an increase of 3.2%, while agricultural activities fell by 4.5%, says the HCP. GDP rose by 2.4% in terms of volume, compared with 2.5% in the second quarter of the previous year. At current prices, GDP rose by 3.6%, with the general price level increasing by 1.2%, compared with 7.3% in the second quarter of the previous year. Source: Agence Marocaine De Presse
Central Bank of Libya Announces 36th Issuance of Unrestricted Mudaraba Certificates
Tripoli:The Central Bank of Libya has extended an invitation to commercial banks to participate in the subscription for the 36th issuance of Mudaraba Mutlaqa (unrestricted Mudaraba) certificates of deposit for the year 2026. This invitation aligns wit…