Related Articles
Bank Al-Maghrib & IMF Extend Investment Agreement
Morocco’s central bank (Bank Al-Maghrib ) has agreed to extend its investment agreement for the benefit of the Poverty Reduction and Growth Trust (PRGT) until 2022 in support of IMF’s concessional lending to low-income member countries. The International Monetary Fund (IMF), as Trustee of PRGT, has amended its 2012 investment agreement with Bank Al-Maghrib, through […]
Morocco, Germany poised to promote security cooperation
Morocco and Germany have signed on Monday a joint declaration of intent aimed at strengthening cooperation between the two countries’ Interior Ministries in the areas of security, migration, civil protection, and the fight against different forms of cross-border crime, on the basis of equality, equal treatment, common interest and mutual esteem. The Declaration of intent […]
Thunes launches real-time payment service in Morocco
Thunes company, a global leader in cross-border payments, has launched its real-time money transfer service in Morocco, one of the major remittance recipients in Africa. The new service enables payouts in Moroccan Dirham (MAD) and gives Thunes’ Members greater access to Morocco’s increasingly connected and digitized economy. According to the World Bank, Morocco received over […]



