First Independent Mena Newspaper
Tobias Adrian, Director of Monetary and Capital Markets Department within the International Monetary Fund (IMF) emphasized the resilience of the Moroccan economy and its “impressive performance” in the aftermath of the earthquake that his central Morocco on September 8. The remarks were made during the presentation of the IMF global report on financial stability on […]
Morocco’s Phosphate Group (OCP) and the World Bank agreed on Wednesday in Marrakesh to strengthen cooperation ties and programs benefitting five million farmers in Benin, Guinea, Mali, and Togo, covering 10 million hectares. The agreement was inked by OCP CEO Mostafa Terrab and WB Vice-Pdt.for Central Africa Ousmane Diagana during the ongoing WB-IMF Annual meetings […]
Mauritania has acquired observer member status from the Gas Exporting Countries Forum (GECF), a grouping which collectively accounts for 70% of global natural gas reserves and 42% of marketed natural gas. The ministry of Energy, Mines and Oil of the African country made the announcement Tuesday October 10 on the sidelines of the 25th GECF […]
The efforts being made to help schoolchildren in the regions of Morocco affected by the September 8 earthquake are “very impressive”, stressed, on Tuesday in Marrakech, US Secretary of the Treasury, Janet L. Yellen. These efforts testify to the importance attached by the Kingdom to the education sector and the major role it plays in […]
The International Financial Corporation, member of the World Bank, announced on Tuesday financial support for Moroccan projects destined to enhance food security, access to finance, sustainable agriculture, and construction. The announcement was made during the WB-IMF annual meetings taking place in Marrakesh with the participation of 14,000 delegates including central bankers, ministers of finance and […]
Morocco’s economy is expected to grow by 2.4% in 2023, and by 3.6% in 2024, according to the International Monetary Fund (IMF). This came in the financial institution’s “World Economic Outlook” report, published Tuesday in Marrakech that is hosting the annual meetings of the IMF and the World Bank. “Growth will strengthen in 2023 compared […]
Head of Moroccan government Aziz Akhannouch met on Tuesday in Brussels European Commission President Ursula Von Der Leyen in presence of foreign minister Nasser Bourita. Talks focused on bilateral relations and ways of strengthening further EU-Morocco strategic partnership as well as latest regional developments. “The EU will contribute to reconstruction and economic development after the […]
Head of the IMF Kristalina Georgieva lauded Morocco’s rapid and efficient response to the earthquake following a visit to the stricken areas. Morocco showed “unmatched solidarity by the King and the people,” said Georgieva at an event marking the launch of an IMF book on Morocco’s growth potential presented at the IMF-WB annual meetings center […]
“Morocco’s Quest for Stronger and Inclusive Growth” is the title of a book edited by Roberto Cardarelli and Taline Koranchelian of the International Monetary Fund (IMF), offering a comprehensive overview of the progress scored by Moroccan economy over recent decades. The book, presented Monday at the start of the preparatory works of the WB/IMF Annual […]
The Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri has said that the annual meetings of the World Bank (WB) and the International Monetary Fund (IMF) will serve as an opportunity to display Rabat’s commitment to the development of the African continent. “This meeting aims to highlight Morocco’s commitment to African countries through […]