Category: Finance

Morocco: WB Supports Casablanca Development Plan with $100 Additional Funding

June 23, 2022

The World Bank has approved a $100 million additional financing for the Casablanca Municipal Support Program. The amount adds to the initial program of $200 ... Read More

Morocco’s Central Bank maintains accommodative policy to promote growth

June 21, 2022

Morocco’s central bank kept its key interest rate unchanged at an all-time low of 1.5%, in a sign that it is more concerned about promoting ... Read More

Moroccan King’s roadmap for genuine African investment industry

June 20, 2022

King Mohammed VI has laid out his vision to spur a genuine African investment industry that can guarantee massive, sustainable mobilization of capital and ensure ... Read More

Morocco: WB backs reform program targeting poor, vulnerable layers with $500 million loan

June 18, 2022

The World Bank (WB) has just approved a $500 million loan to improve protection against health risks, childhood human capital losses, old-age poverty and climate ... Read More

Tunisia: EU endorses government-pushed reforms with €162m

June 16, 2022

The European Union has granted Tunisia €162 million to support the country’s various reforms that are expected to revive the economy. EU ambassador to Tunisia ... Read More

Libya: HoR approves Fathi Bashagha-proposed budget

June 16, 2022

Libya’s parliament, The House of Representatives (HoR), voted in favor of a budget worth around $18 billion proposed by Fathi Bashagha, the legislature’s choice for ... Read More

Will Morocco’s central bank end accommodative monetary policy to curb inflation?

June 14, 2022

Morocco’s central bank will hold its second meeting this year on June 21 to take key monetary policy decisions with analysts predicting the bank to ... Read More

Morocco-IMF cooperation relations reviewed in Rabat

June 9, 2022

Moroccan Minister of Economy and Finance, Nadia Fettah Alaoui, met, Wednesday in Rabat, with a delegation of the International Monetary Fund (IMF) led by the ... Read More

Morocco’s economic growth to pick up to 4.3% in 2023 after slowing 1.1% in 2022- World Bank

June 9, 2022

Morocco’s economic growth is expected to slow to 1.1% in 2022 due to a sharp drop in agricultural production but national GDP will increase 4.3% ... Read More

Morocco: Expatriates’ remittances exceed MAD 30.5 billion by end of April; FDIs increase by 5%

June 2, 2022

Remittances by Moroccan expatriates exceeded 30.56 billion dirhams at the end of April 2022, against MAD 29.03 billion a year earlier, according to the Office ... Read More