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Category: Finance
IMF Director: Price stability is a basic condition to achieving growth; WB President eyes longer, cheaper loans
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Friday that price stability is “is a prerequisite for growth and it protects ... Read More
UK government pledges £1.45 million post-earthquake aid to Morocco
The UK Foreign, Commonwealth, and Development Office announced on Friday 13 a financial support of up to £1.45 million for Morocco following the devastating earthquake ... Read More
African High-Level Ministerial Meeting calls for an equitable global financial architecture
The High-Level Ministerial Meeting on accelerating the financing of Africa's emergence, held on Thursday on the sidelines of the WB-IMF Annual Meetings, culminated in the ... Read More
Mauritania, EU ink €10.5-m grant deal
The European Union has provided Mauritania with a €10.5 million grant as the European bloc expressed keenness to support the North African country in many ... Read More
EBRD backs Morocco’s efforts to speed up green energy transition
The European Bank for Reconstruction and Development (EBRD) is joining efforts with Moroccan Ministry of Energy Transition & Sustainable Development to accelerate the decarbonization of ... Read More
EIB lends Morocco 1 billion euros to back reconstruction efforts
The European Investment Bank plans to lend Morocco 1 billion euros over the next three years in support of a reconstruction plan following the earthquake ... Read More
Morocco’s resistance to shocks reflects “strength of its economy & financial system” – IMF
Tobias Adrian, Director of Monetary and Capital Markets Department within the International Monetary Fund (IMF) emphasized the resilience of the Moroccan economy and its "impressive ... Read More
Morocco’s OCP Group teams up with WB to unlock Africa’s potential in global food security
Morocco’s Phosphate Group (OCP) and the World Bank agreed on Wednesday in Marrakesh to strengthen cooperation ties and programs benefitting five million farmers in Benin, ... Read More
IFC supports Morocco’s food security, financial inclusion, sustainable agriculture, renewable energies
The International Financial Corporation, member of the World Bank, announced on Tuesday financial support for Moroccan projects destined to enhance food security, access to finance, ... Read More
Moroccan central bank invests in World Bank green bond
Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the ... Read More