Emerging Markets Finance Headlines International Morocco

Morocco’s resistance to shocks reflects “strength of its economy & financial system” – IMF

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 […]

Africa Emerging Markets Finance Headlines International Morocco

Morocco’s OCP Group teams up with WB to unlock Africa’s potential in global food security

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 […]

Editorials Headlines International Maghreb Morocco

Sahara: UN Security Council starts closed-door briefings & consultations

The UN Security Council holds this Wednesday in New York a closed-door meeting on the MINURSO, whose mandate expires on October 31. Ahead of the mandate renewal, Council members will be briefed by Head of MINURSO Alexander Ivanko on the UN Mission activities, the situation on the ground and Polisario provocations. Ivanko’s briefing comes following […]

Algeria Headlines Maghreb Morocco

Sahara: Morocco’s UN Representative debunks the seven founding lies of Algeria’s separatist agenda

Morocco’s Permanent Representative to the UN, Omar Hilale, laid bare, Wednesday before the members of the 4th Committee of the UN General Assembly, the seven founding lies of Algeria’s separatist agenda about Morocco’s Sahara. “60 years ago, almost to the day and in this same building, Morocco requested, in 1963, the inclusion of the question […]

Americas Emerging Markets Headlines International Morocco

Morocco’s efforts to help students in quake-hit areas are ‘very impressive’, WB/IMF annual meetings in Marrakech testify to country’s resilience

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 […]

Community Europe Headlines International Morocco

UNHCR: Morocco pleads for refugees’ integration into national health systems

Morocco has called from Geneva for a global commitment to integrate refugees into national health systems. “As a constructive partner pursuing a realistic and pragmatic approach, Morocco believes that including refugees in national health systems will help to respond to the immediate humanitarian emergency,” said Omar Zniber, Morocco’s Permanent Representative in Geneva, during a side […]

Emerging Markets Finance Headlines International Morocco

IFC supports Morocco’s food security, financial inclusion, sustainable agriculture, renewable energies

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 […]

Emerging Markets Headlines International Morocco

Morocco’s Economy to Grow by 2.4% in 2023; 3.6% in 2024 (IMF)

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 […]

Emerging Markets Europe Headlines International Morocco

Morocco’s PM & EC Chief Discuss Partnership & Latest Regional Developments

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 […]

Business Finance Headlines International Morocco

Moroccan central bank invests in World Bank green bond

Morocco’s central bank purchased 200 million euros of sustainable bonds from the World Bank as Morocco hosts the annual meetings of the IMF and the World Bank in Marrakech. The EUR 100 million 3-year and EUR 100 million 5-year Sustainable Development Bond transactions will support the financing of the World Bank’s sustainable development activities, the […]