First Independent Mena Newspaper
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 economic performance is also credited thanks to its “successful vaccination campaign” which enabled the country to contain the pandemic and allow the economy to rebound, the IMF said after its […]
The pandemic has increased Algeria’s “ongoing economic vulnerabilities” following a succession of adverse shocks since 2014, said the International Monetary Fund (IMF), affirming that” the outlook for Algeria remains uncertain and challenging”. Following a visit paid lately to Algeria wherein IMF staff held meetings with officials on the country’s economic developments and policies, the international […]
The International Monetary Fund (IMF) has reviewed upwards its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 5.7 % in 2021, which is the best performance in the Middle East & North Africa Region. The IMF new outlook takes into account several factors including the resilience of Moroccan economy and the […]
The International Monetary Fund (IMF) has painted a grim picture of the Algerian economy which has been weakened by the macroeconomic imbalances exacerbated by the Covid-19 pandemic and needs urgent structural reforms to maintain stability. “The coronavirus pandemic and concomitant decline in oil production and prices have seriously impacted the economy last year, leading to […]
Morocco’s economic growth is expected to rebound to 4.6 pc in 2021 as drought conditions ease, policy remains accommodative, and virus and vaccine trends are favorable, says the World Bank in its latest report on global economic prospects. The updated WB projections, which are taking into account various external and internal factors, confirm the International […]
Tunisia’s finance minister returned from the US with a grant of $500 million intended to finance infrastructure projects. “Our visit to Washington was important and fruitful with International Monetary Fund, World Bank and American officials”, minister Ali Kooli told Reuters. Kooli was in Washington to start discussions about a new loan program with the IMF. […]
The Moroccan economy has shown resilience in the face of the double impact of Covid-19 and drought last year and hence stands as one of the most dynamic in the region, Middle East and Central Asia Director at the IMF, Jihad Azour said. Speaking at a press briefing on the MENA region’s economic performance, Azour […]
As did the US administration, many departments and agencies and US-based organizations recently, the International Monetary Fund (IMF) has also used the undivided map of Morocco in the graphics of its latest global growth forecast, reports moroccoworldnews news outlet. The IMF appears to have now brought its map graphics in-line with US foreign policy […]
The International Monetary Fund has lowered slightly its economic forecasts for Morocco saying the Kingdom’s growth is expected to reach 4.5 pc in 2021, while the Fund’s previous projections for the country were estimated at 5 pc. The IMF new outlook takes into account several internal and external factors including the high uncertainty that surrounds […]
Morocco made “good choices” in terms of monetary and fiscal policy in the face of the Covid-19 pandemic, said Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, who highlighted the very strong partnership between the international financial institution and the Kingdom. “We have had a very strong partnership with Morocco for years now. […]