Debt restructuring efforts for Chad and Zambia could be completed by the end of the year, which would pave the way for more countries to seek help, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. Speaking with civil society groups at the start of the annual IMF and World Bank meetings, Georgieva said a […]
The European Union transferred a grant of €157 million (MAD 1.7 billion) to Morocco on Monday, May 26, to help the country in its response to the COVID-19 pandemic and vowed more grants by the end of 2020 to total €300 million. The amount was injected into Morocco’s Special Fund for the Management and Response […]
Despite an overall drop in exports up to April by 20%, Morocco’s exports of phosphates in particular maintained same level in the first quarter this year compared with the same period last year signaling the strategic importance of fertilizers to global food security. The state-owned OCP, one of the world’s biggest exporters of phosphates and […]
