The French Development Agency (AFD) has signed a loan agreement with the Moroccan government providing 100 million euros in financing for the Rabat-Salé-Kénitra Regional Express Network (RER), marking a significant addition to the multilateral funding stack behind one of the country’s most consequential urban infrastructure projects. The RER is designed to connect Kénitra in the […]
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 […]
The Head of the Presidential Council, Mohammed Menfi, has constituted a specialised advisory Committee to assess Libya’s worsening economic landscape and recommend corrective measures. The newly formed body, chaired by Hossam Al-Shahibi and comprising seven economic and financial experts, has been mandated to deliver a comprehensive technical report evaluating the country’s macroeconomic performance and institutional […]
