The IMF welcomed the resilience of the Moroccan economy in 2023 despite external shocks and drought, noting that growth should improve to 3.5% in the medium term. “Economic growth has strengthened in 2023 thanks to the recovery in domestic demand and buoyant exports,” the IMF said in a statement the end of its Article IV […]
Morocco is reportedly seeking a re-negotiation of its free trade agreement with Turkey as it seeks more Turkish investments to compensate for an expanding trade deficit, minister delegate in charge of foreign trade Omar Hjira said. The trade deficit with Turkey soared to 3 billion dollars, driven by fabric imports by Morocco’s textile sector. The […]
United Nations has raised concerns about the ongoing violence in Libya which seems to be getting out of the government’s control. Tarik Mitri, the Special Representative of the Secretary-General told the Security Council in a briefing that there needs to be a “dialogue” between the government and the militias to end the violence and to […]
