A government official confirmed that Egypt’s prime minister appointed former finance ministry official Hany Dimian as finance minister in the new government. Dimian worked as a top ministry official for more than five years until he resigned 10 months ago during the term of deposed President Mohamed Morsi. [Reuters] 

 

Prime Minister Ali Zeidan confirmed that he had only requested the approval of a six month budget from Congress. On Monday, the GNC  Budget, Finance and Planning Committee had reviewed the government’s 2014 budget proposal and had decided to ask both the GNC and the government to provide further details and explanations regarding the conflicting statements between the Central Bank of Libya and the government about the 2014 budget. [Libya Herald]

 

The private sector consultation on the project of simplifying administrative procedures governing the exercise of economic activities was launched on Thursday in Tunis. Initiated by the International Finance Corporation (IFC) with financial support from Switzerland, this project aims to reduce the administrative burden on businesses and improve their competitiveness and their contribution to growth and to job creation. [Kapitalis (French), TAP]

 

A draft law promises to revamp Morocco’s public-private partnerships (PPP) regime, unlocking new funding possibilities for social and educational infrastructure. Morocco has an attractive legal framework and significant PPP experience in industrial and commercial public services. But the particularities of social PPPs mean they require thorough investigation to ensure the partnerships are a success. [IFLR, sub.-required]

 

 

 

Egypt central bank keeps key interest rates on hold | Reuters

Egypt: Budget deficit dropped to 4.4 percent since June 30 | Cairo Post

Egypt’s trade minister due in London next week to promote national projects | SIS

Opinion: Egypt Central Bank losing more ground | Al-Ahram Weekly

Libya Central Bank LYD 1 billion loan to help electricity ministry | Libya Herald

Central Bank of Tunisia: Risks for maintaining inflation at high level still persist | TAP

IOF pledges support to democratic transition in Tunisia | TAP

Tunisia: AfDB donates $950,000 to BFPME | TAP

WB to continue support Tunisia in Its transitional process | TAP