Currency liberalization is the centerpiece of Morocco’s efforts to transform itself into North Africa’s main financial hub. The gradual Dirham float, which was announced early in January, will help Morocco attract more investments, IMF officials say. Morocco’s Central Bank launched a cautious and smooth liberalization of the Dirham starting with an anchor of 2.5% instead […]
Morocco and Germany have underlined the strength of their partnership and commended the quality and density of financial and technical cooperation between the two countries, while reaffirming their shared desire to strengthen cooperation in all areas of common interest. This came at a meeting held Monday in Rabat between Minister of Economy and Finance, Nadia […]
UN Secretary-General António Guterres has expressed deep concern at Russia’s decision to suspend its involvement in the Black Sea Grain Initiative, a deal set up to reintroduce vital food and fertilizer exports from Ukraine to the rest of the world. On Saturday, Russia announced that it was suspending its involvement in the deal, citing an […]
