ECONOMIC HEADLINES
| MOROCCO | DAMS | A filling rate of 34.2% as of January 12th 2022

According to the Ministry of Equipment and Water, the reservoirs of the main dams in the country reached 5.5 billion m3 as of January 12th 2022, i.e. a filling rate of 34.2% compared to 43.9% on the same date of the previous year.

| MOROCCO | PORTS | A forecasted increase of 2.4% in port traffic in 2022
According to the National Ports Agency (ANP), port traffic in Morocco should reach 92.8 MT in 2022, recording an increase of 2.4% compared to the forecasts of 2021.

| TUNISIA | INFLATION | The average inflation rate should settle at 6.8% in 2022
According to forecasts from the Central Bank of Tunisia, the average inflation rate is expected to settle at 6.8% in 2022 and 5.6% in 2023.

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