IMF

Morocco’s stable Dirham, a competitive advantage or an export handicap?

Morocco’s dirham has maintained remarkable stability over the past decade while currencies of competitors Turkey and Egypt collapsed, creating apparent price advantages for those nations’ exports. However, exchange rate dynamics reveal far more complexity than nominal depreciation suggests, notes Media 24 news outlet in an analysis. Over 2015-2024, the dirham depreciated just 0.7% against the […]

Morocco’s King calls for more international support to enhance African economic resilience

King Mohammed VI has called for more international support and cooperation to enable African countries to mitigate the impacts of the soaring inflation affecting the global economy and enhance their resilience in the face of external shocks. In a message to participants in the 2022 Meeting of the African Caucus of Finance Ministers & Central […]

Arab & Islamic leaders laud Al Quds Committee contributions in support of Palestinian people

Arab and Islamic leaders have hailed the substantial support provided by Al Quds Committee, chaired by King Mohammed VI, to the Palestinian people, especially the Maqdissis. The supportive stand comes in a resolution adopted by the joint Arab League and Organization of Islamic Cooperation (OIC) summit held Monday in Riyadh to discuss Israel’s ongoing wars […]