Emerging Markets Headlines Morocco

IMF highlights resilience of Moroccan economy against external shocks

The IMF welcomed the resilience of the Moroccan economy in 2023 despite external shocks and drought, noting that growth should improve to 3.5% in the medium term. “Economic growth has strengthened in 2023 thanks to the recovery in domestic demand and buoyant exports,” the IMF said in a statement the end of its Article IV […]

Africa Finance Headlines International Morocco

AfDB hails coherence of Morocco’s development plan, resilience of its economy

President of the African Development Bank (AfDB) and Chairman of the Africa50 Board of Directors, Akinwumi Adesina, hailed on Tuesday in Marrakech the coherence of Morocco’s development plan and the resilience of its economy, which has demonstrated its ability to successfully emerge from the Covid-19 crisis. “I salute the Moroccan authorities for the coherence of […]

Business Headlines Morocco

Morocco’s King underscores resilience of Moroccan economy

King Mohammed VI highlighted the resilience shown by the Moroccan economy in a troubled region, amid a difficult global context marked by the pandemic’s repercussions. The pandemic had an unprecedented impact on the Moroccan economy but thanks to measures spurred by the King, the economy is on track to recovery. “The growth rate is expected […]