Morning Brief march 14th, 2023

FINANCIAL MARKET HEADLINES
| MOROCCO | AGMA | NIGS up 9% in 2022, DPS raised to MAD 255

ECONOMIC HEADLINES
| MOROCCO | PORT TRAFFIC | A decrease of 9% at the end of February 2023
At the end of February 2023, traffic carried through the ports managed by the ANP reached an overall volume of 12.5 million tons, showing a decline of 9.3% compared to the same period of the previous year.

| TUNISIA | FOREIGN TRADE | Reduction in the trade deficit at the end of February 2023
According to the National Institute of Statistics (INS), Tunisia’s exports jumped by 11.6% to TND 10,044.3 Mn at the end of February 2023. Likewise, imports rose by 7.4% to TND 12,402.9 Mn. In this context, the trade deficit narrowed by 7.7% to TND -2,358.5 Mn, corresponding to a coverage rate of 81.0%. This shows an increase of 3.1 pts compared to the same period of the previous year.

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