Digital-Transformation

World Bank brings to $300 million funding to Morocco’s risk management system

The World Bank has added $100 million to an existing $200 million loan to help Morocco manage natural risks and hazards. “Protecting the people and economy against natural hazard can save Morocco over US$800 million a year,” said Jesko Hentschel, World Bank Maghreb Country Director. “Developing more resilience to the risk of natural disaster is […]

Moroccan Foreign Minister holds phone talks with his Russian and Ukrainian counterparts

Morocco’s Foreign Minister Nasser Bourita had separate phone conversations with his Russian and Ukrainian counterparts, Sergei Lavrov and Dmytro Kuleba, on Tuesday, March 22, 2022. This was the first high-level contact between Nasser Bourita and his Russian and Ukrainian counterparts since the outbreak of the armed conflict between Moscow and kyiv on February 24, 2022. […]

IMF Chief Welcomes Morocco’s Budgetary & Sectoral Reforms

IMF Managing Director, Christine Lagarde, commended Morocco for the “genuine” budgetary and sectoral reforms it has undertaken to balance its finances. The IMF head told the press on the sidelines of the annual meetings of the IMF and the World Bank that Morocco has used its credit line to carry out fiscal and structural reforms. […]