coronavirus morocco

IMF Approves $2.9 Billion for Morocco under PLL arrangements

The International Monetary Fund (IMF) has approved $2.9 billion for Morocco Under the Precautionary and Liquidity Line (PLL) that will provide insurance against external risks, support Moroccan efforts to reduce fiscal, external vulnerabilities and promote more inclusive growth. Despite a sharp pick up in global oil prices, Moroccan authorities have reduced fiscal and external vulnerabilities […]

UN Chief Calls for Reform of Security Council to Reflect Modern Global Realities

UN Secretary-General António Guterres has acknowledged that the Security Council is struggling with issues of legitimacy and effectiveness, arguing that its current structure no longer mirrors the geopolitical realities of the modern world. Speaking at a news conference in Malaysia during a summit of Southeast Asian nations, Guterres noted that the Council’s composition—three European permanent […]

From Algiers, Arab League calls for safeguarding unity of Arab states

Curtain fell on the Arab League summit with a declaration stressing the need for safeguarding the unity and territorial integrity of Arab states. The Arab League urged its members in its final declaration to work together to foster the national security of Arab states in its political, economic, food and energy dimensions, while ensuring a […]