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Morocco to Launch Gradual Dirham Float on January 15

The long awaited launch of the flexible exchange rate system for the Dirham currency will start on January 15 after it was postponed for 5 months. The gradual Dirham float will start with an anchor of 2.5% in-stead of 0.3% currently, while fixing the Dirham exchange rate via a peg that is 60 percent weighted […]

Historic International Treaty for the Blind Sealed in Marrakesh

The city of Marrakesh hosted last week the signing of an international treaty that was hailed as historic since it is meant to enable hundreds of millions of blind or visually impaired people to have access to published materials. The signing of the treaty was no easy task. Negotiations with publishers and right holders took […]

South Sudan, IMF ink pact for $112.7m in emergency funds

The International Monetary Fund (IMF) and South Sudan announced they have reached a staff-level agreement for the release of about $112.7 million in emergency financing, pending an approval by the IMF’s executive board. “This emergency financing under the new Food Shock Window will help South Sudan address food insecurity, support social spending, and boost international […]