The International Monetary Fund intends to approve Morocco’s request for a 5 billion-dollar Flexible Credit Line (FCL) during a meeting of its executive board meeting. “Considering Morocco’s very strong policy frameworks and track record, IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Morocco when the IMF Executive Board meets […]
Due to a crisis that has hit vital sectors of the Tunisian economy, Tunis continues to eat into its foreign exchange reserves, which have dwindled to $4.6 billion covering 80 days of exports, the central bank said. The bank attributed the decline to the country’s need to use foreign exchange funds at the beginning of […]
The Moroccan branch of the food delivery platform GlovoApp is under formal investigation by the Competition Council for suspected anti-competitive practices. The probe centers on allegations of abuse of dominant market position and the use of predatory pricing strategies. Although the Council’s official statement did not name Glovo directly, sources confirm the company is the […]
