Emerging Markets Finance Headlines International Morocco

Morocco, sole country eligible for flexible credit line in MENA Region – IMF Chief

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, highlighted Morocco’s exceptional economic management, noting that it is the only country in the MENA region eligible for the IMF’s Flexible Credit Line (FCL). At the IMF’s Spring Meetings, Georgieva commended Morocco for its robust fiscal and monetary policies, stating, “Morocco has done really […]

Emerging Markets Finance Headlines International Morocco

Financial inclusion: IMF Managing Director cites Morocco’s strategy as example

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 […]

Emerging Markets Headlines International Morocco

IMF chief lauds Morocco’s swift earthquake response

Head of the IMF Kristalina Georgieva lauded Morocco’s rapid and efficient response to the earthquake following a visit to the stricken areas. Morocco showed “unmatched solidarity by the King and the people,” said Georgieva at an event marking the launch of an IMF book on Morocco’s growth potential presented at the IMF-WB annual meetings center […]

Emerging Markets Headlines International Morocco

Morocco, a ‘bright spot’ in terms of education and Infrastructure- IMF Chief

Morocco is a “bright spot” and an “excellent example” for the rest of the continent, particularly in terms of education and infrastructure, stressed, on Sunday in Marrakech, Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. Speaking at a press conference on the eve of the Annual Meetings of the World Bank and IMF, […]

Emerging Markets Headlines International Morocco

WB-IMF Annual Meetings: IMF Managing Director Kristalina Georgieva Arrives in Marrakech

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, arrived in Marrakech on Friday afternoon leading an IMF delegation, to take part in the Annual Meetings of the World Bank Group and the IMF, scheduled for October 09-15. Georgieva, who was greeted at Marrakech-Menara international airport by Minister of Economy & Finance, Nadia […]

Africa Americas Emerging Markets Finance Headlines International Morocco

Africa’s recovery and future will take center stage at IMF-WB meeting in Marrakech

There will be “a very strong focus on the African continent” during the annual meeting of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco, in October, IMF’s chief said in a recent interview with CNN, adding that the timing is ripe as countries on the continent grapple with sluggish growth, […]

Emerging Markets Headlines International Morocco

IMF Chief impressed by economic progress in Morocco, a shining example of Africa’s greatest potential

The Moroccan economy has made remarkable progress and impressive export growth, particularly in industrial sectors such as automotive and renewable energies, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. “Morocco has exported 700,000 cars, which shows the country’s upward trend in this highly competitive sector. The North African Kingdom also manufactures aircraft […]

Business Emerging Markets Finance Headlines International Morocco

Holding WB/IMF annual meetings in Morocco, a “judicious” Choice, IMF chief says

Holding the Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco is a “judicious” choice, said IMF Managing Director Kristalina Georgieva Saturday. “The choice couldn’t have been more judicious,” Georgieva told reporters upon arrival in Rabat to take part in a series of preparatory meetings for the 2023 […]

Business Finance Headlines Morocco

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 its anticipatory strategy aimed at mitigating the effects of the health crisis and ensuring economic recovery.   At a virtual meeting held on Friday with Minister of Economy & Finance […]