King of Morocco reiterates support to the Syrian people in fulfilling their aspirations for freedom, peace, stability; wishes success to Ahmed Al-Sharaa in his supreme duties

King Mohammed VI has expressed support to the Syrian people in attaining their aspirations for freedom, peace and stability, and hope that Ahmed Al-Sharaa’s presidency of Syria during the transitional period would contribute to enshrining peace and laying the foundations for stability and security in the country. This came in a message of congratulations the […]

IMF Confirms Morocco Qualification for PLL

The Executive Board of the International Monetary Fund (IMF) has completed its 3rd and last review of Morocco’s economic performance under a program supported by a two-year Precautionary and Liquidity Line (PLL) arrangement, and reaffirmed Morocco’s continued qualification to access PLL resources. The current two-year PLL arrangement in an amount equivalent to SDR 3.2351 billion […]

India-Africa trade gains momentum, projected to cross $100 billion in 2024

Trade between India and Africa increased by 9.3% between fiscal year 2021/2022 and 2022/2023, reaching $98 billion, according to India’s external affairs minister, as more than 30 African countries have benefited from India’s duty-free tariff preference (DFTP) scheme for least-developed countries. Speaking at the Confederation of Indian Industry (CII) and Exim Bank of India conclave […]