From an average of 1.6 per cent during the 1990s, the GDP growth rate rose to an average of 3.7 per cent between 2000 and 2014. This period has been marked by a significant catch-up in infrastructure construction. Capital expenditure increased from 20 per cent of government expenditure in the late 1990s to 40 per cent between 2006 and 2014. Over this period of prosperity driven by high oil prices, public spending rose sharply.
Rabat, June 16, 2020 (ECA) – Can the post COVID19 economic context provide Morocco, and more generally North Africa, with an opportunity to reorient and accelerate their structural transformation?
Marrakesh, June 3, 2020 (ECA) - "We are yet to know how long the COVID-19 crisis will last, but we need to set the milestones for recovery now" said UN Under Secretary General and Executive Secretary of ECA Vera Songwe on Tuesday June 2, at a webinar on "Rethinking the economy and academic paradigms in post-COVID19 Africa". The webinar was jointly organised by two Moroccan institutions – the National School of Trade and Management (ENCG) of Marrakech and the African Center for Innovative Sustainable Solutions (ACISS) of Cadi Ayyad University.
This note argues that increasing the minimum paid-up capital of the Sudanese banks, enhancing the ability of the banking sector to attract remittances through the formal channels and amending the Mineral Resources and Mining Act of 2015 can generate foreign capital inflows to Sudan in the range of USD 2.5-3.3 bn in 2020.
The present report, “Data revolution in North Africa: putting data at the service of structural transformation”, reviews the current status of national statistical systems in the countries of North Africa. It then identifies the principal stakeholders in statistical systems, analyses the capacity of national statistical systems and identifies gaps and constraints faced by these countries in producing and using good quality data.
North African economies are characterized by slow economic diversification and persistent unemployment, especially among educated youth. Labour productivity has registered only a moderate increase compared with more dynamic emerging countries like India or Turkey. These patterns share a common origin, which lies in the existence of many distortions in the economy that prevent an efficient allocation of resources between firms and sectors. These distortions are caused by market and institutional failures.
Addis Ababa, Ethiopia, 19 February 2020 (ECA) - Tunisia will host a regional capacity building workshop for the Northern African countries to raise awareness and improve countries capacities in the production of geospatial information. The workshop is organized by the United Nations Economic Commission for Africa (ECA) in collaboration with the Government of Tunisia through the Office of Topography and Cadaster.
Rabat, 14 February (ECA) – The Economic Commission for Africa, held on 10-12 February in Rabat a training workshop on the Integrated Planning and Reporting Toolkit (IPRT), in partnership with the High Commission for Planning of the Kingdom of Morocco.
Over the last two decades, young people in Africa have experienced some increase in school enrolment and decreased gender gap in education. However, the disproportionately high levels of youth unemployment continue to hamper regional development, and the 2008 global economic meltdown has aggravated youth unemployment to crisis proportions.
Cairo, February 10th (ECA) - The Economic Commission for Africa (ECA) held on 2-5 February 2020 a three-day training workshop on the Integrated Planning and Reporting Toolkitin partnership with the Egyptian Ministry of Planning and Economic Development (MPED).
An ECA sponsored web application, the Integrated Planning and Reporting Toolkit (IPRT) aims to respond to African countries’ need to integrate both the Sustainable Development Goals (Agenda 2030) and Africa’s Agenda 2063 for development into their national development plans.