First Independent Mena Newspaper
The International Monetary Fund (IMF) forecasts a decline in Algeria ‘s foreign exchange reserves from $51 billion in 2025 to $46.5 billion this year, before plummeting to 19.8 billion in 2031, a 61.2% contraction that would reduce the country’s import coverage from 8.6 months to 3.3 months. In a statement issued after concluding Article IV […]
Mauritanian Finance Minister Codioro Moussa N’Guénore received an International Monetary Fund (IMF) mission led by the Fund’s Regional Adviser on Government Finance Statistics, Francis Gahizi, on Thursday evening. The meeting focused on cooperation between the government and the IMF, particularly efforts to modernize the collection and verification of financial data relating to public enterprises. The […]
The International Monetary Fund warned Algeria that its economy is weakening, urging authorities to tighten fiscal policy, avoid printing money to finance government deficits and stand ready to tighten monetary policy if inflation persists. The unusually stark warning came in the IMF’s 2026 Article IV consultation, which said rising oil and gas prices were helping […]
The Middle East and North Africa (MENA) region should treat its current wave of geopolitical, economic, and technological shocks as an opportunity to rethink growth models and accelerate structural reforms, according to Jihad Azour, director of the International Monetary Fund’s Middle East and Central Asia department. Speaking Monday in Rabat at the opening of the […]
Morocco’s public debt remains “sustainable with a high probability,” the International Monetary Fund’s mission chief Laura Jaramillo Mayor said, offering a strong vote of confidence in the Kingdom’s economic strategy as it ramps up large‑scale public investment. The assessment, part of the IMF’s 2026 Article IV consultation, reflects the view that Morocco’s rising spending, on […]
The IMF kept its 2026 growth forecast for Tunisia at 2.1% in its April regional outlook but warned that the economy remains highly exposed to external shocks, particularly energy price volatility linked to the war in Iran and disruptions around the Strait of Hormuz. In its Regional Economic Outlook for the Middle East and Central […]
A Sudanese delegation has engaged officials from the World Bank and the International Monetary Fund (IMF) to push for the restoration of full partnership with the World Bank, aiming to secure funding for reconstruction and accelerate debt relief efforts. The talks, held on the sidelines of the IMF-World Bank spring meetings, underscored Sudan’s priority to […]
The International Monetary Fund (IMF) and Mauritanian authorities have concluded a technical agreement on a new 42-month financial support program following a recent mission to Nouakchott. According to Mission Chief Félix Fischer, the arrangement is designed to “help Mauritania meet its financing needs, preserve its macroeconomic stability, and implement its National Development Plan.” […]
Morocco’s preparations for hosting the 2030 FIFA World Cup are expected to involve a significant multi‑year infrastructure investment program amounting to about 12% of GDP between 2024 and 2030, according to the International Monetary Fund’s latest Article IV consultation report. The IMF estimates total spending at around 190 billion Moroccan dirhams ($20 billion), covering mostly projects in railways, […]
Morocco’s economic growth is expected to reach 4.4 percent in 2026 and 4.5 percent in 2027, supported by strong agriculture output and public infrastructure investment, according to IMF report released Monday after completing the Mid-Term Review under the Flexible Credit Line Arrangement (FCL). The scaling up of public investment in the country offers opportunities for […]