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Morocco Wins New Friends at AU-EU Summit

Morocco has adopted a pro-active diplomacy that breaks away with the empty chair policy, which left the country outside AU institutions since 1984. Almost one year after its triumphal return to the African Union, Morocco made diplomatic headways thanks to an African Policy that continues to turn former African adversaries into friends. The talks held […]

Bank Al-Maghrib & IMF Extend Investment Agreement

Morocco’s central bank (Bank Al-Maghrib ) has agreed to extend its investment agreement for the benefit of the Poverty Reduction and Growth Trust (PRGT) until 2022 in support of IMF’s concessional lending to low-income member countries. The International Monetary Fund (IMF), as Trustee of PRGT, has amended its 2012 investment agreement with Bank Al-Maghrib, through […]

OECD forecasts strong economic outlook for Morocco through 2026

Morocco is heading into 2025 with renewed economic confidence, buoyed by a strong rebound in its agricultural sector, the Organisation for Economic Co-operation and Development (OECD) said. The country is projected to achieve a growth rate of 3.8% in both 2025 and 2026, OECD said in a recent report, noting that this sustained momentum is […]