First Independent Mena Newspaper
Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, cited, on Saturday in Marrakech, Morocco’s financial inclusion strategy as an example of a “comprehensive” strategy reflecting the Moroccan government’s determination. “To accelerate the process of financial inclusion, governments need to show more determination by putting in place comprehensive national strategies like the Moroccan financial […]
Morocco and Spain have agreed to mobilize €11.6 million from the Debt Conversion Program to finance reconstruction and rehabilitation projects in the areas hardest hit by the earthquake that struck Al Haouz province on September 8. The announcement of this amount was made during a meeting between Spain’s First Vice-President and Minister of Economy and […]
Moroccan and Indian businessmen highlighted, on Saturday in Marrakech, the business and investment opportunities offered by Morocco and India to operators from both countries in various fields. During a roundtable organized by the Confederation of Indian Industry (CII) and the General Confederation of Moroccan Enterprises (CGEM) on the sidelines of the 2023 Annual Meetings of […]
King Mohammed VI, accompanied by Crown Prince Moulay El Hassan and Prince Moulay Rachid, delivered, on Friday, a speech before the Parliament on the opening of the fall session Here follows the full text of the Royal Speech: “Praise be to God, May peace and blessings be upon the Prophet, His Kith and Kin Honourable […]
King Mohammed VI has called for strengthening the spirit that drives multilateralism to preserve the world’s stability and peace, stressing the need to boost synergies to address common global climate and socioeconomic challenges. In a message to the main plenary of the Annual Meetings of the World Bank and the International Monetary Fund (IMF) that […]
The High-Level Ministerial Meeting on accelerating the financing of Africa’s emergence, held on Thursday on the sidelines of the WB-IMF Annual Meetings, culminated in the adoption of the “Marrakech Declaration” which calls for a “global financial architecture that is fairer and more conducive to Africa’s development.” In this Declaration, the 48 countries that took part […]
The Economic Community of West African states (ECOWAS) and its regional partners have launched a strategic regional committee for fertilizer control to address West Africa’s fertilizer quality challenges. ECOWAS, in cooperation with the West African Economic and Monetary Community (UEMOA) and the Permanent Interstate Committee for Drought Control in the Sahel (CILSS), has officially launched […]
Currency crisis in Nigeria deepens as its currency, the Naira, has dropped to ₦1,040 per dollar, which comes as a national industrial association has warned that soaring inflation is a threat to the country’s economy. In the parallel market, Nigeria’s currency has dropped to N1,040 per US dollar as supply surpassed demand, which was due […]
The World Bank, the International Monetary Fund (IMF) and Morocco have launched a call for enhanced global action on common challenges in a bid to build resilience and expand opportunities for a better future. In a joint statement issued Wednesday in Marrakesh which is hosting the 2023 Annual Meetings of the WB & IMF, the […]
It’s high time to address the ‘embarrassingly low’ level of intra-African air connectivity which is depriving the continent and its people from reaching their full potential, an airline body chief has said. Addressing the recent annual general assembly of the Airlines Association of Southern Africa (AASA) that was held in Luanda in Angola, the airline […]