Africa Emerging Markets Finance Headlines International Morocco

IMF members increase contributions; Africa gets third seat on board

The IMF announced Saturday member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a third seat on its executive board at its first meetings on the continent since 1973. The IMF announced Saturday member nations agreed to increase their contributions to the global lender and give sub-Saharan Africa a […]

Africa Emerging Markets Headlines International Morocco

IMF/WB annual meetings, a platform to display Morocco’s commitment to Africa – BAM Governor

The Governor of Morocco’s central bank, Bank Al-Maghrib (BAM), Abdellatif Jouahri has said that the annual meetings of the World Bank (WB) and the International Monetary Fund (IMF) will serve as an opportunity to display Rabat’s commitment to the development of the African continent. “This meeting aims to highlight Morocco’s commitment to African countries through […]

Emerging Markets Headlines International Morocco

Morocco, a ‘bright spot’ in terms of education and Infrastructure- IMF Chief

Morocco is a “bright spot” and an “excellent example” for the rest of the continent, particularly in terms of education and infrastructure, stressed, on Sunday in Marrakech, Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva. Speaking at a press conference on the eve of the Annual Meetings of the World Bank and IMF, […]

Emerging Markets Headlines International Morocco

WB-IMF Annual Meetings, opportunity to showcase Morocco’s and Africa’s immense diversity, vibrance (Senior UN Official)

The Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) are an opportunity to showcase the “immense” diversity, vibrance, and economic potential of Morocco and Africa, underlined the United Nations  . On the eve of the meetings hosted by Marrakesh (Oct 9-15), Junhua applauded the leadership being shown by Morocco […]

Emerging Markets Finance Headlines International Morocco

IMF chief lauds Morocco’s reform, says Marrakech ‘ideal’ place for annual meetings

Visiting IMF managing director Kristina Georgieva praised Morocco for its economic reforms while saying the country was the ideal place for holding the IMF-WB annual meetings next October. Following talks with head of Moroccan government Aziz Akhannouch in Rabat, Georgieva said Morocco knew how to navigate the post-covid crisis thanks to targeted government actions. She […]

Business Emerging Markets Finance Headlines International Morocco

Holding WB/IMF annual meetings in Morocco, a “judicious” Choice, IMF chief says

Holding the Annual Meetings of the World Bank Group (WB) and the International Monetary Fund (IMF) in Morocco is a “judicious” choice, said IMF Managing Director Kristalina Georgieva Saturday. “The choice couldn’t have been more judicious,” Georgieva told reporters upon arrival in Rabat to take part in a series of preparatory meetings for the 2023 […]