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Morocco’s resistance to shocks reflects “strength of its economy & financial system” – IMF

Tobias Adrian, Director of Monetary and Capital Markets Department within the International Monetary Fund (IMF) emphasized the resilience of the Moroccan economy and its “impressive performance” in the aftermath of the earthquake that his central Morocco on September 8. The remarks were made during the presentation of the IMF global report on financial stability on […]

$350 Million WB financing for reform of Morocco’s public institutions & enterprises

The World bank will contribute to the reform of Morocco’s public institutions & enterprises with a $350 million financing. The financing agreement was signed Thursday in Rabat by Minister of Economy and Finance, Nadia Fettah, and Director of the Maghreb and Malta Department of the World Bank, Jesko Hentschel. During the signing ceremony, Nadia Fettah […]

Morocco’s King urges Ulema to exert positive influence on people by highlighting virtues of moderation, balance

Ulema have a duty to have a beneficial presence in people’s lives, by introducing them to the virtues of moderation and tolerance, and by neutralizing any negative sway ignorant extremists may have on innocent minds, stressed King Mohammed VI, Commander of the Faithful, on Saturday. In a message addressed Saturday to participants in a symposium […]