Tag: economic recovery
Egypt’s path to economic recovery hinges on IMF reforms, fiscal discipline
As Egypt navigates its economic recovery, a notable divergence has emerged between Government projections and IMF estimates regarding public debt reduction. While the Egyptian Government ... Read More
Morocco to post MENA region’s highest growth rate in 2021 at 6.3% – IMF says
The IMF expects Morocco’s economy to grow 6.3%, the highest rates among its MENA peers, as the country continues its fiscal and monetary stimulus. Morocco’s ... Read More
Africa calls for $100 billion IDA funds to help boost its economy
Heads of State and Government from some 15 African countries attended the 20th replenishment meeting of the International Development Association, commonly known as IDA-20. This ... Read More
IMF congratulates Morocco for COVID-19 vaccination performance
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has congratulated Morocco for the progress made in COVID-19 vaccination, as well as for ... Read More
Tunisia’s uphill battle to economic recovery
Tunisia has been already facing an acute economic crisis when Covid-19 propelled a downturn that cost the jobs of 165,000 people. The tourism-reliant economy has ... Read More
Moroccan employers happy with interest rate cuts
Head of Moroccan employers association (CGEM) Chakib Alj said the key interest rate and reserve requirement cut to 1.5% and 0% respectively are conducive for ... Read More