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Morocco rules out drawing on IMF credit line, eyes gradual currency reform
Morocco has no plans to tap funds available under its Flexible Credit Line (FCL) arrangement with the International Monetary Fund, Finance and Economy Minister Nadia Fettah Alaoui said. The IMF approved a new two-year FCL agreement for Morocco on April 2, 2025, worth 3.45 billion Special Drawing Rights (SDRs), or about $4.5 billion, replacing a […]
EU shortlists Morocco among countries whose residents qualify to enter Schengen Area
The European Union has included Morocco as well as Algeria and Tunisia to the list of countries whose residents qualify to enter the Schengen area as the bloc gears up to open its borders to the rest of the world amid the covid-19 pandemic. The bloc is set to open its external borders from July […]
US-Moroccan Relations Reviewed at Meeting in Washington
The multi-faceted relations between the United States and Morocco were reviewed at a meeting in Washington Thursday between Secretary of State Rex Tillerson and Foreign Minister Nasser Bourita. The meeting provided an opportunity for the two officials to discuss a number of issues of shared interest, reported the news portal le360, quoting a source close […]



