AMF supports Morocco’s public finance sector reform with a new $211 million loan

The Arab Monetary Fund has extended Morocco a new $211 million loan, within the framework of the Structural Adjustment Facility, to support a reform program in the public finance sector,  the Arab financial institution announced in a statement released Friday. The loan agreement was signed on May 23 by Morocco’s Economy and Finance Minister Mohamed […]

IMF revises upwards Morocco’s growth forecast to 1.25% in 2022 and 3% in 2023

The IMF revised upwards its growth projections for the Moroccan economy to 1.25% in 2022 and 3% in 2023, saying Morocco’s resilient exports, robust remittances and tourism recovery had helped offset some of the fallout of external shocks. The Moroccan government however expects growth to stand at 1.5% this year before increasing to 4% next […]

Brega Company: Three tankers with 90 million liters of fuel started unloading in west Libya

On Thursday, August 22, Brega Oil Marketing Company announced that three tankers had arrived at the ports of Misrata, Tripoli, and Al-Zawiya, each carrying 30 million liters of gasoline. The company stated on Facebook that the fuel would be distributed to stations within two days to alleviate congestion caused by previous delays. Fuel distribution in […]