First Independent Mena Newspaper
The momentum of the economic crisis in Central Africa has changed in 2019, raising flags of the International Monetary Fund (IMF). The Washington based lender last week completed discussions with the Central African Economic and Monetary Community (CEMAC). The talks focused on common policies in support of the reform programs of CEMAC member countries. In […]
Morocco has made significant strides in strengthening the resilience of its economy in recent years, says the International monetary Fund after completing lately its second review under the Precautionary and Liquidity Line (PLL) arrangement sealed with the North African Kingdom. The two-year arrangement supports the efforts made by Morocco to promote higher and more inclusive […]
Morocco’s economic growth is expected to reach 2.8 percent in 2019 against 3 pc posted last year due to a slight decline in agricultural output and a moderate recovery in non-agricultural activity, said on Thursday Nicolas Blancher, Chief of the International Monetary Fund (IMF) team that visited Morocco from Oct.29 to Nov.7. Morocco’s economic fundamentals […]
The International monetary fund said Morocco could post a growth rate of 4.5% in 2024 from 3% in 2018 if it continues on path of reform and inclusive growth. “Morocco’s medium-term prospects remain favorable, with growth expected to reach 4.5 percent by 2024” the IMF said in a report following Article IV consultations. The North […]
Managing Director of the IMF, Christine Lagarde, has hailed the performance of the Moroccan economy and reaffirmed the support of the International Monetary Fund to the efforts made by the country to speed up reforms to promote a stronger and inclusive growth. The remarks were made at a meeting held in Washington with Moroccan economy […]
The International Monetary Fund has praised Morocco’s business environment, which continues to improve, particularly with the activation of the Competition Council and the implementation of a new financial inclusion strategy that will help promote competition and support the development of SMEs. Improved fiscal management and economic diversification have strengthened the resilience of Morocco’s economy, said […]
The International Monetary Fund (IMF) said Morocco’s economic fundamentals and policy frameworks are sound as the government remains committed to reforms amid a positive macroeconomic outlook. Morocco’s policy priorities “include continued fiscal prudence and progress toward exchange rate flexibility, and reforms of taxation, governance, oversight of state owned enterprises, fiscal decentralization, and the business environment,” […]
The International Monetary Fund (IMF) in a report released on Wednesday announced that the economy of Sub-Saharan countries should rise this year. In its World Economic Outlook Update, titled ‘A Weakening Global Expansion’, the Washington-based Fund indicated that economic growth in Sub-Saharan Africa should pick up in 2019, forecasting a 3.5 per cent growth for […]
The International Monetary Fund (IMF) has approved $2.9 billion for Morocco Under the Precautionary and Liquidity Line (PLL) that will provide insurance against external risks, support Moroccan efforts to reduce fiscal, external vulnerabilities and promote more inclusive growth. Despite a sharp pick up in global oil prices, Moroccan authorities have reduced fiscal and external vulnerabilities […]
Morocco has an open economy that qualifies it host the IMF-World Bank Group conference in 2021 said IMF chief Christine Lagarde. Speaking at the IMF-WB joint meetings in Bali, Lagarde lauded Morocco as a country that epitomizes “the convergence of the humanitarian values that unite us all.” She added that Morocco offers an optimal venue […]