European commission

EU provides Mauritania €9.5m to support reforms in health, education

The European Union has granted Mauritania €9.5 million earmarked to prop up the national budget of the African country in favor of some reforms in the areas of education and health. The reforms in education and health seek to support the implementation of the strategy for accelerated growth and shared prosperity, known as SCAPP launched […]

Council of Europe: Morocco re-elected Vice-Chair of executive committee of North-South Center

Morocco has been unanimously re-elected as Vice-Chair of the Executive Committee of the European Center for Global Interdependence and Solidarity of the Council of Europe , commonly referred to as the “North-South Center”. Morocco’s re-election to the vice-presidency of the Center’s Executive Committee, for another two-year term, falls within the context of the renewal of […]

IMF: Morocco gets $5 Bln credit line to enhance its economic resilience & external buffers

The International Monetary Fund (IMF) decided on Monday to provide a $5 billion precautionary flexible credit line (FCL) to Morocco to enhance the country’s external buffers, and support its economic resilience and structural reforms. Ms. Antoinette Sayeh, IMF Deputy Managing Director, said : “Morocco’s very strong macroeconomic policies and institutional framework have allowed its economy […]