A general strike in the capital Rabat was peaceful. According to news reports, the atmosphere was normal and no incidents occurred. According to numbers released by labor unions, 83 percent of workers participated. The strike was aimed at pressuring the government to settle unresolved issues such as the promotion of public-sector workers, pay rises and guarantees of union rights.
Libya’s $60 billion sovereign wealth fund chairman removed
The Chairman of Libya’s sovereign wealth fund was suddenly replaced amid a fierce power struggle between the elected government and Islamist forces. Hassan Ahmed Bouhadi was named as his replacement. Former World Bank official Ahmed Ali Attiga was also appointed as new chief executive of the Libyan Investment Authority. [The Telegraph]
Iraq: It is not possible to present the 2014 budget due to changes in oil prices
According to Iraq’s oil minister, it is not possible to present the country’s 2014 budget due to the changes in oil prices and it being useless since the year 2014 is ending soon. According to him, Iraq’s problems lie in its sole dependency on oil resources. [Zawya]
Also of Interest:
Progression and recession in Egypt | Washington Post
Egypt’s market rebounds with high turnover | Ahram Online
Tunisian Central Bank worries about persisting vulnerability of the external sector | Zawya
Moroccan Government to grant monthly allowance to indigent widows | Morocco World News
Egypt must target neediest in food subsidy reforms: WFP | Zawya
Morocco: Institutional investors welcome | The Africa Report
Sanmar Group plans to invest $150 million in Egypt | Business Standard
