First Independent Mena Newspaper
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. […]
Morocco’s GDP growth is expected to increase to 4.5 percent in 2021 as the effects of the drought and pandemic wane and monetary and fiscal policy remains accommodative, announced on Wednesday the International Monetary Fund. In a press release issued after concluding 2020 Article IV Consultation with Morocco, the IMF Executive Board also said that […]
The International Monetary Fund, the World Bank and the Kingdom of Morocco announced the postponement of the Marrakech annual meetings for a year until October 2022 The annual meetings are usually held for two consecutive years at the World Bank and IMF headquarters in Washington, and then in a member country every third year. […]
The prompt measures adopted by Morocco after the outbreak of the coronavirus outbreak helped the country contain the economic and social impact of the pandemic, said the IMF, noting that the country should brace for deep recession this year. The Moroccan economy will contract by 6 to 7% this year due to the impact of […]
The International Monetary Fund (IMF) approved this week new emergency aid for 28 of the world’s poorest countries, 22 of which being Africa, to help them alleviate their debt and better cope with the impact of the coronavirus pandemic. This second six-month tranche of debt service relief for 28 member countries under the Catastrophe […]
Moroccan economy has so far shown resilience and agility in responding to the coronavirus pandemic making it one of the least impacted in the MENA region by the pandemic, MENA and Central Asia director at the International Monetary Fund (IMF) Jihad Azour said. “Morocco is one of the countries that knew how to efficiently manage […]
The International Monetary Fund on Monday announced a plan to provide immediate debt relief to 25 member countries, including 19 African states to allow them to focus more on the coronavirus pandemic. According to the IMF Managing Director Kristalina Georgieva, the Washington-based institution approved the first batch of countries to receive grants, under its Catastrophe […]
The International Monetary Fund has vowed to remain closely engaged with Morocco as the authorities address the impact of the coronavirus pandemic. This came in a communiqué issued by the IMF confirming that the North African country drew the $3 billion available resources under the arrangement. The authorities will use funds purchased under the PLL […]