Morocco and the IMF are in the early stages of negotiating a flexible liquidity line as a precaution against external shocks, including imported inflation. The news was unveiled by central bank governor Abdellatif Jouahri earlier this week and confirmed later by IMF representative to Morocco Roberto Cardarelli, who said Morocco was seeking a flexible credit […]
African nations struggling with mounting international debt are about to get a lifeline. The African Development Bank’s new refinancing facility isn’t just another bureaucratic solution – it’s potentially a financial game-changer for the continent. The initiative, dubbed The African Financial Stability Mechanism, stands ready for launch after clearing its final hurdles. All that’s needed now […]
Morocco has maintained its position as North Africa’s tourism leader in the first quarter of 2025, welcoming 4 million visitors, a 22% increase compared to the same period last year. This performance keeps Morocco ahead of Egypt (3.9 million visitors, up 5%) and Tunisia (2.3 million visitors through April 20, up 8.8%). Morocco’s strong performance […]
