floods

EBRD supports development of economic zone within Nador West Med industrial port with €110 Mln funding

The European Bank for Reconstruction and Development (EBRD) has announced a loan of €110 million to support the development of an economic zone within the Nador West Med industrial port complex, located in Morocco’s Oriental region. This is the Bank’s third investment in the Nador West Med complex, following the provision of financing in 2015 and […]

IMF: Morocco Still Qualifies For $3.4 Bln PLL

The International Monetary Fund has reaffirmed Morocco’s continued qualification for the Precautionary and Liquidity Line (PLL) Arrangement after a first review of its executive board. The two-year PLL arrangement for Morocco in the amount of SDR 2.504 billion (about US$3.42 billion) was approved by the IMF’s Executive Board in July 2016. After completing a first […]

Tunisia: towards implementation of 2016/2020 development plan

The Tunisian cabinet held a meeting on Wednesday to discuss the five-year socio-economic plan that will serve as a guideline and framework of the post-revolution development plan. The government hopes that the implementation of the plan due to begin next year will pave the way for the country to be part of the world’s emerging […]