First Independent Mena Newspaper
The IMF announced Saturday member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a third seat on its executive board at its first meetings on the continent since 1973. The IMF announced Saturday member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a […]
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 […]
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Friday that price stability is “is a prerequisite for growth and it protects people, especially the poor.” This means the fight against inflation remains paramount. In her address at the plenary session of the 2023 annual meetings of the World Bank and the […]
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 […]
The UK Foreign, Commonwealth, and Development Office announced on Friday 13 a financial support of up to £1.45 million for Morocco following the devastating earthquake that rattled the region of Al-Haouz on September 8. “The new funding will help address both immediate needs and support longer-term development in the communities most affected, in line with […]
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 European Union has provided Mauritania with a €10.5 million grant as the European bloc expressed keenness to support the North African country in many areas including the fight against illegal migration. Mauritanian Justice Minister Mohamed Mahmoud Ben Abdoullah Ben Baya who also doubles as the country’s interim Foreign Minister signed the deal with Vice-President […]