Morocco plans to draw on IMF liquidity line – media

Morocco is about to tap into a $3 billion precautionary liquidity line, offered by the IMF in 2018 to help the country face external shocks, Moroccan media reported. The Moroccan government removed the limit on foreign debt on Monday in order to meet its financing needs amid a rise in expenditures and a drop in […]

Palestine: Abbas’s UN address receives cheers back home

The Palestinian President’s Wednesday speech at the UN revived thousands of Palestinians’ hope to establish a Palestinian state especially that the day marked the hoisting of their flag for the first time at the UN. “Palestine, which is an observer state in the United Nations, deserves full recognition and full membership,” Abbas said. “In this […]

Morocco: Council of Ministers approves bill on social protection

A Council of Ministers that was held in Fez Thursday under the chairmanship of King Mohammed VI approved the draft framework law on social protection for all.   The draft law was approved as part of the implementation of the King’s guidelines, as expounded in the Throne Day speech in July, and in the speech […]