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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 […]
Morocco: King appoints chiefs at constitutional institutions
King Mohammed VI appointed new presidents to the Economic, Social, and Environmental Council and the National Authority for Probity, Prevention, and the Fight against Corruption as well as a new Ombudsman, the Royal Office said in a statement. Abdelkader Amara became the new president of the Economic, Social, and Environmental Council. Amara had served as […]
Niger commission proposes 5-year transition to civilian rule
A commission in military-ruled Niger suggested the country needs 5 years before it returns to civilian rule, triggering criticism from the regional bloc ECOWAS. The military seized power in 2023, ousting President Mohamed Bazoum. Following the coup ECOWAS imposed sanctions on the coup leaders and suspended Niger from all ECOWAS decision-making bodies. Niger joined other […]



