Morning Brief - september 27th, 2022

FINANCIAL MERKET HEADLINES
| MOROCCO | AFMA | NIGS up 9% in H1 2022

ECONOMIC HEADLINES
| SENEGAL | PUBLIC FINANCES | Widening of the fiscal deficit at the end of July 2022
According to the Department of Forecasting and Economic Studies (DPEE), Senegal's total revenue and donations stood at FCFA 1,828.8 Bn at the end of July 2022, i.e. an increase of 26.1% year-on-year. Similarly, the country’s expenses rose by 32.5% over the same period to stand at FCFA 2,638.6 Bn. In this context, the fiscal deficit amounted to FCFA -809.8 Bn at the end of July 2022
against FCFA -541.1 Bn a year earlier.

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