First Independent Mena Newspaper
Moroccan Minister of Economy and Finance, Nadia Fettah Alaoui, met, Wednesday in Rabat, with a delegation of the International Monetary Fund (IMF) led by the Fund’s Deputy Managing Director, Antoinette Monsio Sayeh. The meeting was an opportunity for Fettah Alaoui to exchange views with the IMF official on the national and international economic situation and […]
Morocco is among the countries that reacted the fastest to the Covid-19 crisis, said Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) in an interview published by French magazine Le Point. The Kingdom has put in place several instruments of support and social protection, targeting mainly […]
The International Monetary Fund (IMF) on Wednesday hailed the “targeted measures” adopted by Morocco to mitigate the impact of soaring energy prices on economy. “The Moroccan government is today undertaking a set of targeted measures, including support for the transport sector of people and goods to relieve the rise in energy prices on production,” underlined […]
An International Monetary Fund team of experts will travel to Tunisia late this month to continue talks with authorities about the North African country’s request for a loan. “A small team of IMF experts plans to visit Tunisia this month for further discussions with the authorities to build on what I can describe as good […]
The World Bank Tuesday announced the intent to provide $400 million to Tunisia in view of backing social reforms. Ferid Belhaj, World Bank Vice President for Middle East and North Africa, made the announcement to Tunisian Prime Minister Najla Bouden during a visit. The World Bank official also indicated that the US-based institution will help […]
The World Bank Group-IMF Annual Meetings, initially scheduled to take place in Marrakech in October 2022, will take place in 2023, the two financial institutions announced in a press release this Monday. “The planned World Bank Group-IMF Annual Meetings that were scheduled to take place in Marrakesh, Morocco, in October 2022, will now take place […]
Tunisia has pledged to the International Monetary Fund (IMF) to freeze salaries and recruitments in public sector from next three years until 2024, local powerful NGO I Watch has revealed, citing a leaked document about the ongoing negotiations for a loan between the North African country and the Washington-based lender. Tunisia is talks with the […]
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 […]