IFC

Morocco: Flexible Exchange Rate won’t Affect Purchasing Power- Officials say

Almost one week after the launch of the Dirham float, head of Morocco’s central bank, Abdellatif Jouahri, and Economy and Finance Minister, Mohammed Boussaid, reassured that the flexible exchange rate will not lead to price hikes. Speaking at a joint session of the two houses of Parliament, the two officials offered briefings on the launch […]

Chad’s high-stake presidential vote marred by ‘threats and violence’, excluded EU-funded observers

As counting began on Monday (6 May) evening in Chad for a presidential election intended to put an end to three-year military rule, the ballot itself was reportedly marred by irregularities, with the opposition condemning violence and threats against their leaders and supporters. The presidential election, which featured 10 candidates, including one woman, evolved into […]

King Mohammed VI hails Morocco-Iraq strong ties of brotherhood and cooperation

King Mohammed VI has hailed the strong ties of brotherhood and cooperation existing between Morocco and Iraq and renewed his determination to continue working together with the Iraqi President Abdel Latif Jamal Rachid to enshrine these ties in favor of the two brotherly peoples. This came in a message of congratulation the Monarch addressed to […]