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Morocco Committed to Meeting IMF Criteria for Flexible Credit Line

In a strong validation of Morocco's economic strength, the International Monetary Fund (IMF) has praised the Kingdom's adept handling of adverse conditions in 2023. Despite challenges like water scarcity, last September's earthquake, and sluggish growth in the Eurozone, Morocco saw a boost......

Morocco's Strategic Alliance: Strengthening Partnership with the IMF

Morocco is taking significant steps to fortify its economic resilience and sustainable growth trajectory by deepening its strategic ties with the International Monetary Fund (IMF). A recent meeting between Morocco's Ambassador to the United States, Youssef Amrani, and IMF Managing Director Kristalina......

Morocco Achieves Stability with Over 160,000 New Vehicles Sold in 2023

Despite confronting economic challenges in 2023, Morocco's auto industry demonstrated remarkable resilience by maintaining sales figures comparable to the previous year, as disclosed in data unveiled on Monday by the Association of Vehicle Importers (AIVAM). AIVAM President, Adil Bennani, revealed......

Moroccan Diaspora Remittances Exceed $10.65 Billion in November, Bolstering Economic Resilience

In a promising development for Morocco's economy, new data from the Exchange Office reveals that remittances from the Moroccan diaspora have reached an impressive MAD 105.4 billion, equivalent to $10.65 billion as of November. This figure represents a notable 4.4% increase compared to the same period......