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Morocco to boost its foreign exchange reserves with $650 mln from IMF
Morocco expects to add 650 million dollars to its foreign exchange reserves as part of $1.2 billion that will be offered to the country under the IMF’s Special Drawing Rights. The sum is to be unlocked by the IMF this August 23 after a historic approval by the IMF Board of Governors to allocate Special […]
Morocco’s Abdellatif Jouahri among World’s Best Central Bank Governors
Abdellatif Jouahri, the governor of Bank Al-Maghrib, is among the best Central Bank Governors in the world, according to the latest ranking issued by US magazine Global Finance. Jouahri earned an “A-” granted by the New York-based magazine in its “Central Banker Report Cards 2023,” an annual assessment of Central Bank governors. Bank Al-Maghrib is […]
Morocco Denounces in Strongest Terms Algeria’s Expulsion of Syrians to Border Town
Morocco’s Foreign Ministry summoned Algeria’s ambassador in Rabat and denounced the expulsion of 54 Syrian migrants by Algerian authorities to the Moroccan border town of Figuig as an “inhumane behavior”. During the meeting, the Foreign Ministry expressed concern at the expulsion by Algeria of Syrians undergoing vulnerable conditions. “It is immoral and unethical to manipulate […]



