The International Monetary Fund (IMF) decided on Monday to provide a $5 billion precautionary flexible credit line (FCL) to Morocco to enhance the country’s external buffers, and support its economic resilience and structural reforms. Ms. Antoinette Sayeh, IMF Deputy Managing Director, said : “Morocco’s very strong macroeconomic policies and institutional framework have allowed its economy […]
Morocco’s olive oil exports rose to 13,000 tons, up 47% by August this year, amid a surge in demand and market disruptions, the agriculture ministry said. Sales stood at 456 million dirhams as demand from the European Union increased 3.6 times. Despite a significant drop in rainfall, total olive production this year is expected to […]
The General Confederation of Moroccan Enterprises (CGEM), which represents the private sector, has welcomed the conclusion of a new trade agreement between Morocco and the European Union covering farming products, including those from the Southern Provinces. CGEM hailed the deal as a major step forward in deepening economic cooperation and sustaining the momentum of Moroccan […]
