Finance Headlines Morocco

IMF Approves $2.9 Billion for Morocco under PLL arrangements

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 […]