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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 -U.S. conduct maritime exercise to enhance interoperability
Morocco’s Royal Navy and Air Forces are participating with the USS Dwight D. Eisenhower Carrier Strike Group in a maritime exercise aimed at enhancing their joint interoperability to advance US-Morocco interests, security and stability in Europe and Africa. Code-named “Lightning Handshake”, the exercise, which is taking place during this first week of March, includes several […]
UN Chief warns of rights abuses in Tindouf camps, urges transparency
Secretary-General António Guterres has sounded the alarm over worsening living conditions and systematic human rights violations in the Tindouf refugee camps in Algeria, calling for immediate transparency and international oversight. In his latest report on the Sahara issue, Guterres highlighted credible information received by the UN Human Rights Office (OHCHR) pointing to persistent food insecurity, […]



