FINANCIAL MARKET HEADLINES
| TUNISIA | MAGASIN GÉNÉRAL | Revenue down 5% in 2020
In FY 2020, Magasin Général’s revenue settled at TND 935.8 Mn, falling by 4.9% compared to 2019. Meanwhile, the gross margin declined by 0.4 pt to 16.8%.
ECONOMIC HEADLINES
| MOROCCO | OFFICIAL RESERVE ASSETS | An increase of 23% y-o-y as of January 15th 2021
As of January 15th 2021, Morocco's Official Reserve Assets reached MAD 309.0 Bn. These show an increase of 23.0% compared to the same period of 2020 and 0.1% compared to the previous week.
| TUNISIA | FOREIGN TRADE | Imports volume down 15% in 2020
During the year 2020, Tunisia’s exports and imports volumes recorded respective declines of 11.1% and 14.8% compared to 2019. Similarly, exports and imports prices fell by 0.7% and 4.6% respectively.
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