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Africa’s recovery and future will take center stage at IMF-WB meeting in Marrakech

There will be “a very strong focus on the African continent” during the annual meeting of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco, in October, IMF’s chief said in a recent interview with CNN, adding that the timing is ripe as countries on the continent grapple with sluggish growth, […]

Turkey Welcomes Closure of Gülen Schools in Morocco

Turkey’s Foreign Minister Mevlut Cavusoglu welcomed the decision by Moroccan authorities to close the schools affiliated to the group led by the US-based Turkish controversial preacher, Fethullah Gulen. « We welcome the statement by the Ministry of Interior of Morocco that FETO schools will be completely closed within one month, » said Cavusoglu on his […]

Growth Alone Will Not Shrink Morocco’s Informal Economy, PCNS Economists Warn

Despite years of economic expansion, Morocco’s informal sector has proven stubbornly resistant to formalization — a phenomenon that two economists from the Policy Center for the New South attribute not to a lack of growth, but to a structural mismatch between the costs and benefits of formal status. In a recent discussion held at the […]