IMF reviews upwards Morocco’s economic growth in 2021 to 5.7 %, best performance in MENA region

The International Monetary Fund (IMF) has reviewed upwards its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 5.7 % in 2021, which is the best performance in the Middle East & North Africa Region. The IMF new outlook takes into account several factors including the resilience of Moroccan economy and the […]

MCA-Morocco Agency holds strategic orientation board

The Millennium Challenge Account-Morocco Agency (MCA-Morocco) held, on Tuesday in Rabat, the 8th session of its Strategic Orientation Board, under the chairmanship of Minister of Economy and Finance Mohamed Benchaaboun. The session reviewed the implementation report of the cooperation program under the “Compact II”, concluded between the Moroccan government and the Millennium Challenge Corporation (MCC) […]

Algeria:‘’In Amenas’’ gas plant back to full capacity in weeks

After last year’s attack on the ‘’In Amenas’’ gas plant by Islamist militants, which left 39 foreigners and one Algerian dead during a four-day siege, it has been reported that the gas plant will be fully functional within weeks. The plant used to produce about 11,5% of Algeria’s natural gas output before the attack. The […]