IMF DEPUTY MANAGING DIRECTOR MITSUHIRO FURUSAWA

Moroccan employers happy with interest rate cuts

Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for an economic recovery from the repercussions of the coronavirus. These cuts give banks more flexibility in financing enterprises during this crisis notably SMEs, he told local media. The government has […]

Gulf Crisis: Cairo Calls UN to investigate Qatar’s Alleged Ransom Payment to a Terrorist Group

Egypt Thursday called for an UN Security Council inquiry into accusations that Qatar allegedly paid around $1 billion as ransom to a terrorist group in Iraq to secure the release of 26 Qatari hostages, including members of the royal family, egyptindependent.com reports. Egypt’s call came on the backdrop of the rift in relations between Qatar […]

African Union on way to repair past prejudice concerning Morocco’s territorial integrity

The return of Morocco to the African Union meant the end of an era when Algeria and its pro-separatist allies used the continental union to serve their national agenda to the detriment of Africa’s supreme interest. Nasser Bourita, speaking after an African Union Summit, made it clear that the African Union did not mention the […]