Developing countries are on a “path to debt crisis” and another “lost decade”, World Bank warns in its latest annual publication, unless African and other debtor governments, private and official creditors and multilateral financial institutions agree on a quick and coordinated action to secure more support from the creditors. The 50th edition of the ‘International […]
Morocco secured $1.77 billion in World Bank financing during fiscal year 2025, positioning itself as the institution’s 11th largest recipient overall and eighth largest borrower from the International Bank for Reconstruction and Development (IBRD), according to newly released Bretton Woods statistics. The World Bank’s total commitments reached $80.8 billion for the fiscal year ending June […]
King Mohammed VI was invited to participate in the ECOWAS extraordinary summit on terrorism, due this Sept.14 in Ouagadougou, as Morocco has become a major global player in the fight against terror. Upon the royal instructions, a high-level delegation, composed of Foreign Minister Nasser Bourita and Director General of the Foreign Intelligence Agency Yassine Mansouri, […]
