First Independent Mena Newspaper
Morocco’s Ambassador to the United Nations and President of the UN Peacebuilding Commission (PBC), Omar Hilale, has formalized a strategic partnership between the Commission and the World Bank, in a move designed to strengthen the institutional bridge between multilateral peacekeeping and development finance. The accord, concluded under Morocco’s 2026 presidency of the PBC, underscores Rabat’s […]
A Sudanese delegation has engaged officials from the World Bank and the International Monetary Fund (IMF) to push for the restoration of full partnership with the World Bank, aiming to secure funding for reconstruction and accelerate debt relief efforts. The talks, held on the sidelines of the IMF-World Bank spring meetings, underscored Sudan’s priority to […]
The World Bank has approved a $500 million financial package for Morocco’s jobs creation and green growth development to enhance the Kingdom’s efforts engaged for a more inclusive & resilient economy at an international juncture marked by geopolitical tensions and disruptions to energy supplies. In a press release, the WB says this financing supports Morocco’s […]
Morocco’s economy is expected to remain resilient in 2026, supported by domestic recovery drivers and ongoing structural reforms, even as geopolitical tensions in the Middle East weigh on the wider region, the World Bank said in its latest economic update. In its Middle East, North Africa, Afghanistan and Pakistan (MENAAP) Economic Update, the World Bank […]
Morocco is positioned to become a driving force in the global maritime sector’s energy transition, according to a World Bank analysis highlighting the Kingdom’s strategic geography, abundant renewable resources, and low-cost green hydrogen production potential. The institution notes that Moroccan ports are already prepared to serve as hubs for producing, storing, bunkering, and exporting green […]
Regulatory reforms implemented in Morocco to promote private sector activity—described as “deeper than expected”—could stimulate growth, reduce the informal economy, and create employment, according to the World Bank Group’s updated Global Economic Prospects report released in Washington. The international financial institution notes that favorable weather conditions contributed to agricultural production recovery in the Kingdom. Current […]
The World Bank forecasts economic growth in the Middle East and North Africa region will reach 3.6% in 2026 before accelerating to 3.9% in 2027. These estimates, featured in the updated Global Economic Prospects report, were slightly revised downward compared to the institution’s June projections. The downward revision primarily reflects larger-than-expected oil production increases from […]
The World Bank’s Board of Directors has approved a $4 million grant from the Livable Planet Fund (LPF) to Morocco to provide additional funding for the Transforming Agri-food Systems Program. The program aims to strengthen Morocco’s agri-food system against climate change while improving food safety and quality, the international financial institution said in a press […]
Morocco secured $1.77 billion in World Bank financing during fiscal year 2025, positioning itself as the institution’s 11th largest recipient overall and eighth largest borrower from the International Bank for Reconstruction and Development (IBRD), according to newly released Bretton Woods statistics. The World Bank’s total commitments reached $80.8 billion for the fiscal year ending June […]
Morocco’s external debt eased slightly in 2024 to $67.99 billion, down from a peak of $69.63 billion in 2023, according to the World Bank, which notes the debt was sustainable. In its International Debt Report 2025, the World Bank notes that the decline marks the end of a three-year upward trend and reflects the kingdom’s […]